LAHORE: All Pakistan Textile Mills Association (APTMA) Chairman Ali Ahsan and Group Leader Gohar Ejaz have appreciated the government’s decision to lower power and energy tariff for exporting sectors, but regretted that lower institutions are not implementing the decision taken by the federal government, a statement said on Saturday.
Addressing a press conference, they said the government took a wise decision in October last year to bring the power and energy rates for five exporting industries to regional level.
A subsidy was also approved in the budgets presented last year and in June this year, they said, adding that gas supplies were assured at $6.5/mmcfd, while power tariff was fixed at 7.5 cent/unit. Gohar also welcomed the government decision to suspend trade with India and said the textile sector would use local input, but if needed, it would import it from elsewhere. The textile sector stands with the government and people of Kashmir, he added.
Ethernet cables plugged in a switch can be seen in this image. — Reuters/FileLAHORE: Kaspersky, a global...
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich, Switzerland, on November 20,...
An undated image of the National Assembly hall. — APP/FileLAHORE: Effective governance is essential for economic...
People gather on a bridge with the view on Christ the Savior Cathedral, towers of the Kremlin and city’s skyline in...
Regional Chairman of the FPCCI Zaki Aijaz addressing the First Annual General Meeting of Pakistan Electromedical...
British Prime Minister Keir Starmer leaves 10 Downing Street on budget day in London, Britain October 30, 2024. —...
