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APTMA proposes reduction in electricity charges

The textile division of All Pakistan Textile Mills Association (APTMA) has proposed to Prime Minister Imran Khan to reduce electricity and gas prices. The association has proposed the withdrawal of tariff rationalisation surcharge currently at Rs 3.10/KWh and financial surcharge at Rs 0.48/KWh. As per the textile division's presentation, RLNG depends on international prices and are currently at Rs 1,600 mmbtu while the system gas available in Sindh and KPK are at Rs 488-Rs 600 per mmbtu. Disparity in gas price vis-à-vis system gas and RLNG is one of the major issues.

APTMA hoped the new government will take decisions in the interest of industrial sector after incorporating the feedback from the respective sectors. The finance ministry has assured APTMA of its full support to uplift this export-oriented sector on the condition that the sector will fulfill its obligations for increasing exports bringing in much needed foreign exchange and will not in any case be helpful to anyone involved in tax evasion.

 

 
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