250MW Power Unit Dedicated To Textile Mills
Posted on Jul 16, 2009 under Industry, News, Textile | No Comment
ISLAMABAD: A power unit of 250 megawatts is being installed in Faisalabad to provide uninterrupted power supply to the textile industry, which will be operational by the end of the current month.
This was stated by the Federal Minister for Textile Industry Rana Muhammad Farooq Saeed Khan while chairing a meeting regarding energy issues of the textile sector here on Wednesday.
During the meeting, the overall situation of the textile sector and the problems faced by it due to energy crisis came under discussion.
The participants expressed deep concern over high tariffs and said that special tariffs should be introduced for the textile sector. They also apprised the federal minister about bank-related matters in detail and BT cotton and R&D-related matters were also discussed.
Participants gave different proposals and suggestions to help overcome different crisis faced by the textile sector. They mentioned that our economy mainly depends on the textile sector. Therefore, the government has to take concrete steps in this regard.
Federal minister for the textile industry said that textile is the most important sector of our economy and the government is committed to resolving all textile-related issues on priority basis because it is our export oriented sector. He said that the concerns of participants, along with their proposals and suggestions are most valuable, which is why all possible remedial measures would be taken in this regard.
Maximum relief will be provided to the textile sector, he said, adding that different meetings with NEPRA, WAPDA, OGRA, SBP and Federal Minister for Food would be arranged to settle maximum issues.
Source The News
