June 26, 2026 12:30 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Amazon's massive India bet! Andy Jassy announces $48 billion investment after meeting PM Modi | Taratala warehouse collapse: Death toll climbs to 8, five arrested as SIT launches probe | Oil prices crash, IndiGo takes off! Aviation and fuel stocks emerge as biggest winners | Passport is a travel document, not conclusive proof of citizenship: MEA | Kolkata: Taratala warehouse roof collapses | Indian Army's Trishakti Corps restores lifeline connectivity in North Bengal between Siliguri and Mirik | 19 million barrels flow through Strait of Hormuz, Trump declares oil prices are falling | No Hindi, no NEET: Vijay reignites Tamil Nadu's biggest political flashpoints | Messi creates World Cup history with record-breaking double; Mbappe equals Klose's mark hours later | Tech giant Oracle slashes 21,000 jobs while betting big on AI
Pakistan
Photo Courtesy:Unsplash

Pakistani textile exporters complain decision to slash gas supply to power plants

| @indiablooms | Oct 28, 2024, at 03:40 am

The Pakistan Textile Exporters Association (PTEA) has slammed the government's decision to discontinue gas supply to the  Captive Power Plants (CPPs) from Jan 1.

In a joint statement on Friday, PTEA Patron-in-Chief Khurram Mukhtar and Chairman Sohail Pasha warned that this move threatens the stability and growth of Pakistan’s textile industry, which heavily relies on the CPPs to maintain consistent power flow and operational efficiency, reported The News International.

The PTEA officials highlighted that billions have been invested in gas-based CPPs, with 480 such plants on the SNGPL network and 800 on the SSGC network.

The CPPs are essential for providing stable and uninterrupted power.

The officials cautioned that relying solely on the national grid, which suffers from transmission and distribution losses, would not meet the industry’s demand and could damage sensitive equipment across the textile value chain, the news paper reported.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.