Home / Knowledge / News / Textiles / APTMA demands full-time power availability
APTMA demands full-time power availability
30
Jun '09
All Pakistan Textile Mills Association (APTMA) is concerned about the delay in making the textile industry, free from load shedding, which results in a 21 percent production loss in a day. Pakistan Electric Power Company (PEPCO) was making mockery of the government's assurance given during the budget speech, deplored the APTMA spokesman.

On May 14, this year, Pakistan Electric Power Company (PEPCO) had withdrawn the load shedding exemption for the textile industry for a week. In this regard, the APTMA management had held a meeting with the PEPCO officials on May 16, where PEPCO assured APTMA that power shedding would be exempted on May 20 for the textile industry and for the member mills of APTMA.

APTMA spokesman revealed that the textile industry is facing five to eight hours announced and unannounced power cut in a day on independent and grouped feeders. This situation forced the PEPCO-reliant textile units to down the shutters with no respite in sight.

The government's alleged agreement with the international Monetary Fund (IMF) to increase power tariff by 10 percent in two phases is the matter of concern, said the APTMA spokesman.
In the textile industry, electricity expense was over 30 percent of the conversion cost and it has already crossed 40 percent of the conversion cost for organized weaving sector, he added.

Further he informed that the 30 percent of the textile industry is experiencing closure due to the high cost of business including the cost of electricity. The government is still burdening the industry by shifting the defaults from domestic users to the industry and by increasing tariff irrationally though the industry clears all its dues on time.

APTMA demanded full-time power availability for textile sector, competitive rates and freezing of power tariff for textile value chain for two years as well as introduction of special textile industry tariff in the budget 2009-2010.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Apparel/Garments | On 25th Mar 2017

Net sales at Christopher & Banks fall 10% in Q4

Net sales totalled $85.0 million for the fourth quarter ended January ...

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Robert Brunner
Devereux

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

news category


Related Categories:
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