PTEA condemns govt plan to cut gas supply to CPPs by 2025, threatening disruption to $19B Pakistani textile sector.

The Pakistan Textile Exporters Association (PTEA) condemned the government's plan to cut gas supply to Captive Power Plants (CPPs) effective January 1, 2025. The textile industry, which has invested heavily in gas-based power systems, relies on CPPs for stable energy needed for operations. The PTEA warns that this decision could severely disrupt the $19 billion textile sector, risking jobs and international commitments, while exacerbating financial issues in Pakistan's gas sector.

October 26, 2024
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