APTMA sees conspiracy against CPPs, gas priority

LAHORE: All Pakistan Textile Mills Association (APTMA) Saturday said that a conspiracy was being hatched against Punjab-based textile industry to sell expensive electricity (Rs 12 per unit) by depriving it of electricity generated by its own Captive Power Plants (CPPs). The Association's spokeman said here that APTMA had issued policy statement with respect to Captive Power to generate in-house electricity, adding that textile industry had invested billions of dollars on the installation of the CPPs to meet energy requirements to safeguard it from electricity shortages. He said the industry had installed a total capacity of 3000MW CPPs on both the SSGC (Sui Southern Gas Company) and the SNGPL (Sui Northern Gas Pipeline Limited) networks, resulting into achieving record $14 billion exports. However, the industry could have been ruined terribly in the absence of CPPs as the electricity shortage had already played havoc with industry in Punjab. The APTMA spokesman said the campaigners should stop maligning the Captive Power Plants installed by the industry of Pakistan for personal gains. According to him, for the first time an efficiency-based tariff was proposed in the history of Ministry of Petroleum Natural Resources during the previous regime. The Captive Power...

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