LAHORE: Many textile mills are closing down one shift and laying off textile workers in Punjab due to 10 hours load shedding and mismatch in energy supplies.
All Pakistan Textile Mills Association Punjab Chairman S M Tanveer has urged the government to end the mismatch in electricity and gas supply to the Punjab-based textile industry for the continuity of production activities. He said the production activities were badly affected due to the prolonged mismatch in energy supplies.
Sui Northern Gas Pipelines Limited was providing eight hours a day gas supply to the Punjab-based textile industry. While, the duration of electricity load shedding is 10 hours a day. Resultantly, the Punjab-based textile mills are exposed to energy supply mismatch for two hours daily.
The concerned mills have no option but to close down one shift and lay off textile workers in Punjab. Punjab-based textile mills having no other source of energy are facing 10 hours a day electricity load shedding, eroding their viability fast.
He said the industry was given assurance electricity load shedding would be reduced to eight hours a day after Eid. Accordingly, he said the member mills had planned their operations and expected immediate cut in electricity load shedding since August. Despite various representations to the Ministry for Water and Power to the promised cut in load shedding, industry is not being provided with relief in load shedding.
Lingering effect on electricity supplies is becoming visible with every passing day, which is adversely impacting the whole supply chain.
KARACHI: Lint trading remained range-bound with firm physical prices while fine grades in focus ...