According to ARY NEWS, up to 400 textile mills in the Punjab province may have to close due to a scarcity of gas and electricity, which makes it difficult for them to complete their export orders.
Thousands of workers earning daily wages have been let off as a result of the power and gas outage that forced the shutdown of the textile mills.
The All Pakistan Textile Mills Association (APTMA) stated that “it is not viable for us to run textile mills on pricy diesel and if the closure persists, the textile exports will experience a fall of $1 billion.”
Concerns over the drop in textile exports as a result of recent gas and power outages have been expressed to Prime Minister Shehbaz Sharif by the Association of Pakistan Textile Manufacturers (APTMA). Gohar Aijaz, the president of the APTMA, has urged the prime minister to take action and return gas and electricity to the impacted businesses right now.
In accordance with a prior report, the textile sector will be forced to close its doors from July 1 to July 8 due to the protracted stoppage of gas supply. The Punjab province, which will be most impacted by the gas outage, is home to the majority of Pakistan’s textile industries.
Sui Northern Gas Pipelines Limited (SNGPL), according to sources, has informed textile mills that it will stop supplying gas from captive power units. It is known that this choice was made to guarantee continuous supplies to the fertiliser and electricity industries.