Home / Knowledge / News / Textiles / Power tariff hike irks Pakistan textile bodies
Power tariff hike irks Pakistan textile bodies
04
Oct '13
The textile manufacturers and exporters associations in Pakistan have expressed their displeasure over the recent hike in power tariff, and are set to represent the industry case regarding the tariff hike before the Government.
 
As of September 1, 2013, power tariff for the textile sector has been hiked by 61 percent from the existing Pk Rs. 9.18 kilowatt per hour (KWh) to Pk Rs. 14.18 KWh, while the actual power generation cost comes to around Pk Rs. 7.61 per KWh.
 
The All Pakistan Textile Mills Association (APTMA) Punjab has stated that the power hike would deprive the Captive Power Plants (CPPs) of gas supply and also substantially hike the cost of doing business.
 
APTMA noted that CPPs use around 800 million cubic feet per day (MMCFD) gas to produce around 3,200 MW power and even the least efficient CPPs operate at over 40 percent capacity, while the net efficiency of the Independent Power Plants (IPPs) is only 24 percent.
 
During the Annual General Meeting of APTMA Punjab, the office bearers of the association were mandated to raise the issue before concerned Government officials.
 
Meanwhile, the Pakistan Textile Exporters Association (PTEA) has also voiced its concern in this relation stating that the abrupt hike would badly hit the already struggling export-oriented industry. 
 
PTEA Vice Chairman Adil Tahir said it would only inflate the cost of doing business for textile industry in Pakistan, and may even result in closure of several units which fail to bear the rising costs, leading to increased redundancy. 
 
Cost of production in Pakistan is already high, because of which its goods are losing competitiveness in the global market, and the recent tariff hike has come as a fresh blow to the textile industry, he added.
 
The APTMA Punjab and PTEA have urged the Government to initiate steps to check the tariff hike and ensure sustained business environment for the textile sector.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

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

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
January 2017

January 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