Home / Knowledge / News / Textiles / APTMA Chairman rejects hike in power tariff
APTMA Chairman rejects hike in power tariff
Oct '11
Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has rejected electricity tariff hike and two weekly offs in the country, fearing production, exports and job losses with these anti-industry decisions.

Earlier, he said, the government had increased power tariff by 4% under the pretext of equalization surcharge, followed by recent hike of Rs3.04 as fuel adjustment surcharge.

Chairman APTMA said the textile industry was already suffering heavily on account of non-availability of electricity, affecting 30 percent of production capacity.

According to him, both the energy security and affordability are pinching the textile industry hard, as it is not able to transfer the cost and keep operations intact for 364 days a year.

Chairman APTMA said the imposition of fuel adjustment surcharge with retrospective effect is also unacceptable and unjustified for export- oriented textile industry, as the industry has already closed the transactions and it is not possible to readjust them on new tariff. He demanded an immediate review of the decision for the survival of textile industry.

He pointed out that the electricity cost per unit for industry in Pakistan at 10.8 cents/KWH is 19% higher than India at 8.8 cents/KWH. He said the government should bear in mind that the competitiveness would be the key to survive under the Most Favoured Nation (MFN) status being extended to India shortly.

Mohsin said the government should give priority to the textile industry for electricity supply at affordable price. It would enable the textile industry to meet exports and growth targets set by the government for current fiscal year besides earning foreign exchange and creating jobs in the country.

Meanwhile, the Chairman APTMA has also criticized the government for announcing two weekly offs and said that it would result into further economic slowdown in country. He said both the banks and ports should be operational throughout the week in the larger interest of national economy.

All Pakistan Textile Mills Association (APTMA)

Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search