AGL 35.20 Decreased By ▼ -0.50 (-1.4%)
AIRLINK 123.23 Decreased By ▼ -10.27 (-7.69%)
BOP 5.04 Increased By ▲ 0.07 (1.41%)
CNERGY 3.91 Decreased By ▼ -0.12 (-2.98%)
DCL 8.15 Decreased By ▼ -0.27 (-3.21%)
DFML 44.22 Decreased By ▼ -3.18 (-6.71%)
DGKC 74.35 Decreased By ▼ -0.65 (-0.87%)
FCCL 24.47 Increased By ▲ 0.22 (0.91%)
FFBL 48.20 Increased By ▲ 2.20 (4.78%)
FFL 8.78 Decreased By ▼ -0.15 (-1.68%)
HUBC 145.85 Decreased By ▼ -8.25 (-5.35%)
HUMNL 10.85 Decreased By ▼ -0.15 (-1.36%)
KEL 4.00 Decreased By ▼ -0.06 (-1.48%)
KOSM 8.00 Decreased By ▼ -0.88 (-9.91%)
MLCF 32.80 Increased By ▲ 0.05 (0.15%)
NBP 57.15 Decreased By ▼ -0.65 (-1.12%)
OGDC 145.35 Increased By ▲ 2.55 (1.79%)
PAEL 25.75 Decreased By ▼ -0.26 (-1%)
PIBTL 5.76 Decreased By ▼ -0.16 (-2.7%)
PPL 116.80 Increased By ▲ 2.20 (1.92%)
PRL 24.00 Decreased By ▼ -0.15 (-0.62%)
PTC 11.05 Decreased By ▼ -0.42 (-3.66%)
SEARL 58.41 Increased By ▲ 0.41 (0.71%)
TELE 7.49 Decreased By ▼ -0.22 (-2.85%)
TOMCL 41.10 Decreased By ▼ -0.04 (-0.1%)
TPLP 8.31 Decreased By ▼ -0.36 (-4.15%)
TREET 15.20 Increased By ▲ 0.12 (0.8%)
TRG 55.20 Decreased By ▼ -4.70 (-7.85%)
UNITY 27.85 Decreased By ▼ -0.15 (-0.54%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 8,528 Increased By 68.1 (0.8%)
BR30 26,868 Decreased By -400.5 (-1.47%)
KSE100 81,459 Increased By 998 (1.24%)
KSE30 25,800 Increased By 331.7 (1.3%)

The present gas crisis continued to hit the value-added Textile Units in textile capital of the country unabated here on Monday amid accusations and counter accusations by industrialists and the utility officials.
According to sources, gas supply to dozens industrial units was cut off again on Monday as the SNGPL officials accused the industrialist of using gas in excess of the 25 percent agreed limit. On the other hand, the industrialists levelled counter allegations on SNGPL saying that the company did not give any schedule for supply of the 25 percent gas.
Mian Tahir Ishaque Bharara, Chairman Pakistan Textile Exporters Association (PTEA) said that the present situation was unfortunate both for the country's export as well as for the industry.
Export orders worth Rs billions are in the doldrums as the irregular supply of gas to textile units is adversely affecting the production and shipment schedule, he said. Gravity of situation is compounding as the export markets are going out of our hands, he pointed.
President Young Entrepreneurs Organisation Syed Umer Nazar Shah and others said that Textile Industry of the country was passing through a very serious situation due to the electricity and gas crises.
They said most industrial units are on the verge of closures owing to the shortage of gas and electricity. They urged the government to take appropriate steps for overcoming the present crises in consultation with all stakeholders including industrialists.

Copyright Business Recorder, 2008

Comments

Comments are closed.