Home / Knowledge / News / Textiles / Acute power crisis pushes AP ginning mills to closure
Acute power crisis pushes AP ginning mills to closure
29
Oct '12
Being no more in a condition to stand the losses stemming from severe power shortage, Andhra Pradesh (AP) ginning mills plan to cease operations from November 5. 
 
Power crisis in the state have reached to their zenith, making it impossible for the ginners and spinners to keep their mills operational, AP Cotton Association Vice-President T Ranga Sai and Spinning Mills’ Association President G Punnaiah Chowdary said in a media briefing.
 
The closure of spinning mills can be avoided only if the state government initiates urgent steps to ensure continuous power supply, even at higher rates, they added.
 
While some of the north Indian states supply power at two rupees per unit, in AP it is charged at about eight rupees per unit. Spinning mills in AP are still desirous of continuing their operations even by incurring higher cost, but power is not being supplied even for five days in a week, Mr. Sai and Mr. Chowdary said.
 
During 2012-13 cotton season, the state is expected to harvest around 10.6 million bales of cotton from 5.8 million acre of plantations.
 
Mr. Chowdary said, while cotton arrivals have already started, demand for the commodity is waning, which is feared to instigate a major crisis. 
 
Also, export prospects for the commodity too does not seem to be very good, as India is not likely to export anything above 7 million bales of cotton during the current season, a sharp fall from last season’s exports of 12.5 million bales, the duo said.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Kraig Laboratories

Textiles | On 28th Mar 2017

Kraig gets certificate for silk production in Vietnam

Kraig Biocraft Laboratories, Inc., a leading biotechnology company...

Information Technology | On 28th Mar 2017

Intex Consulting signs partnership with Kawan Era Baru

Germany based Intex Consulting GmbH has entered into a strategic...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search