Apex body of the Pakistan textile sector, All Pakistan Textile Mills Association (APTMA) Punjab unit, convened an emergency general body meeting to press the case for uniform energy prices across the country and remove the disparity. APTMA members from Faisalabad and Multan chapters also partook in the deliberations through a video link.
“There is a huge disparity of Rs 530 per million British thermal units (MMBTU), which can make the Punjab textile industry uncompetitive as against mills in other regions of the country,” Pakistan media reports quoted APTMA Punjab chairman Syed Ali Ahsan as saying at the meeting.Apex body of the Pakistan textile sector, All Pakistan Textile Mills Association (APTMA) Punjab unit, convened an emergency general body meeting to press the case for uniform energy prices across the country and remove the disparity. APTMA members from Faisalabad and Multan chapters also partook in the deliberations through a video link. #
The members however praised the Punjab chief minister Shahbaz Sharif for his support to end disparity in gas prices in Punjab, when compared with other states.
According to APTMA, the disparity arose as a result of the Economic Coordination Committee’s (ECC) decision to reduce price of natural gas price for the general industry from Rs 600 per MMBTU to Rs 400 per MMBTU. (AR)
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