PAKISTAN: Textile firms warned of winter power cuts
Power distribution companies have warned Pakistan's textile industry to make alternative energy arrangements over the winter months since more shortages are likely.
Sui Northern Gas Pipelines Limited (SNGPL) has told its industrial consumers that a continuous gas supply will not be possible during the winter due to a sharp increase in demand from residential users.The Pakistan Electric Power Supply Company (PEPCO) has also announced four-hour daily power cuts for the textile industry.
Chaudhry Salamat Ali, ex-chairman of the Pakistan Hosiery Manufacturers & Exporters Association (PHMA), said the power cuts would not only halt production but also result in a loss of export orders.
He wants help from the President and Prime Minister to ensure a continuous gas supply to the country's textile industry.
Ahsan Bashir, central chairman of the All Pakistan Textile Mills Association (APTMA), believes the textile industry can achieve its production and export targets for the Christmas season if a continuous energy supply is ensured.
But Asghar Ali, chairman of the Pakistan Textile Exporters Association (PTEA), says possible closures will make millions of workers jobless and cause export losses of PKR1-1.5bn (US$10.4-15.6m) per day.
Between 60% and 70% of Pakistan's textile industry runs on gas-based power, with contracts ensuring a continuous supply for just nine months of the year.
- Why should brands care about China cotton?
- China cotton: implications and opportunities
- Low labour cost countries linked to highest risks
- COMMENT: Skills or new technology?
- New Gap CEO set to tackle “aesthetic issue”
- JC Penney share price falls on Q4 loss
- Gap names new design head amid mixed Q4
- Pay rise mulled for Sri Lanka garment workers
- Delta Galil open to M&A as profit grows
- Kohl's reverses five-quarter slump in Q4
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Apparel Retail: Top 5 Emerging Markets Industry Guide
- Global market review of swimwear - forecasts to 2019
- Outdoor performance apparel: peaks, valleys, and green fields
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead