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Articles for tag: Agreements, details, IPP, seek, textiles, Textiles seek details on IPP agreements

July 30, 2024

News Desk

Textiles seek details on IPP agreements

Islamabad: As independent power producers (IPPs) face receiving billions of rupees in capacity charges, the All Pakistan Textile Mills Association (Aptma) has approached government institutions such as the Power Division and the Securities and Exchange Commission of Pakistan (SECP). asking them to provide details of IPP agreements. In a letter, Aptma Secretary General Shahid Sattar said that under Article 19-A of the Constitution of Pakistan, which guarantees the right of access to information on all matters of public importance and under the Right to Information Act, In 2017, the association wanted to see the information on the PPAs established under

April 18, 2024

News Desk

Textiles support export-oriented policies

Islamabad: As the country moves towards the negotiation of another International Monetary Fund (IMF) loan program, the textile industry has called on the government to formulate export-oriented policies by reducing energy duties and tax rates to make the industry competitive in the global market. In a letter to Finance Minister Muhammad Aurangzeb, the All Pakistan Textile Mills Association (Aptma) stressed that as the country was about to negotiate a new IMF programme, a fundamental reform required was to promote an export-centric culture in all sectors of the economy. . He was of the view that the new program should cover

March 13, 2024

News Desk

Pakistani companies demonstrate expertise in textiles

SHANGHAI: Eighteen Pakistani textile companies made a strong impression at Yarn Expo Spring 2024 and Intertextile Shanghai Apparel Fabrics-Spring Edition 2024, two of the world’s most important textile and apparel exhibitions, held from March 6 to 8 in Shanghai, China. The Pakistani body, representing a wide range of textile manufacturers and suppliers, showcased their latest products and innovative technologies, attracting significant interest from global buyers. The participating companies, covering the yarn, fabric, finished products and accessories segments, exhibited a wide range of high quality products including cotton, polyester, mixed yarns, woolen carpets and specialty fabrics. Pakistan’s textile industry has long

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