APTMA concerned over increasing power, gas tariffs
KARACHI: All Pakistan Textile Mills Association, Sindh-Balochistan region, has expressed concern over the government’s decision to increase power and gas tariff from January 2009. M Yasin Siddik, Chairman APTMA (Sindh-Balochistan) Thursday said the textile industry, which is the bulk consumer of gas and power, would be hard hit with the gas tariff increase by about 26 percent and power tariff by 16 percent. With the frequent upward revision in the prices of gas and electricity, the financial viability of the industry keeps eroding and cost of doing business is increasing making it difficult to survive in the international market owing to high cost of end products as compared with our competitors. staff report
Home |
Business
| 
RSS
| Archives
| Company Financials
| Contact Us
| Monday, July 06, 2009
