As many as 400 textile mills in Punjab province are facing closure over a lack of gas and electricity supply, making it difficult for them to fulfil their export orders, ARY NEWS reported.
The power and gas outage which has resulted in the closure of the textile mills has further led to the termination of thousands of daily-wage employees.
“It is not possible for us to run textile mills on pricey diesel and if the closure continues, the textile exports will witness a $1 billion decline,” the All Pakistan Textile Mills Association (APTMA) said.
The Association of Pakistan Textile Manufacturers (APTMA) has raised concerns to Prime Minister Shehbaz Sharif over the decline in textile exports due to recent gas and power outages. APTMA Patron-in-chief Gohar Aijaz has demanded that the prime minister take notice of the situation and immediately restore gas and power supplies to the affected industries.
According to a previous report, the prolonged suspension of gas supply will force the textile industry to shut down from July 1 to 8. The majority of textile mills in Pakistan are located in the Punjab province, which will be the most affected by the gas outage.
According to sources, the Sui Northern Gas Pipelines Limited (SNGPL) has informed textile mills that it will be suspending gas supplies from captive power plants. It is understood that this decision has been made in order to ensure uninterrupted supplies to the power and fertilizer sectors.