LAHORE - Chairman APTMA S M Tanveer has decided to convene the Annual General Meeting (AGM) on October 13, 2014 against electricity and gas supply suspension during Eid holidays.

“Enough is enough,” he asserted, saying that the industry is in trouble and the APTMA would protest after Eid.

He was addressing an emergent press conference on Saturday at the APTMA Punjab House. Former Chairman APTMA Punjab Shahzad Ali Khan, Senior Vice Chairman APTMA Syed Ali Ahsan and Vice Chairman APTMA Wisal Monnoo were also present on the occasion. He said the SNGPL has notified suspension of gas supply from 13 to 17 October, i.e. for 10 days, for the Punjab-based industry besides zero electricity supply from 6 to 8 October. Tanveer said some 35pc production capacity of textile industry has been shut down due to energy crisis, particularly in Punjab where industry consumes where 86pc of the total load on PEPCO network.

“I’m unable to understand that what is the fault of the Punjab-based textile mills against the mills in other parts of the country where uninterrupted energy supply is available 24/7,” he said.

He further questioned that why 67pc increase in electricity cost has been burdened on the Punjab-based industry?

Chairman APTMA said the availability of the GSP plus facility led to the industry vision of doubling the textile exports from $13 billion to $26 billion. The government also put the industry on priority in energy supplies and exports geared up from January to March increased. However, he said, the government priority changed from March onwards that played havoc with textile industry. A supply suspension of 10 hours a day for electricity and 16 hours a day for gas has brought the exports of yarn by 25% and clothing by 40% in last five months.

“Textile exports in value term has been reduced by more than one billion dollar in five months due to drop in productivity,” he pointed out. He further added that total drop in exports may reach to $2.3 billion in 12 months if adverse situation persists.

According to him, some 3 million worker would be unemployed in case industry is deprived of energy supply besides negative impact on backward and forward linkages right from cotton to garment industry.

As a matter of fact, he said, the whole supply chain has got affected due to energy crisis.