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Gas shortage hits textile millers hard

Gas shortage hits textile millers hard
by Insider Desk
October 30, 2023

Bangladesh’s primary textile millers are calling for increased gas supply in their factories, as they’re currently grappling with low gas pressure, resulting in almost 40% of their production capacity sitting idle. This situation has been exacerbated by a nearly 100% price hike in gas earlier this year.

In response to these concerns, the Bangladesh Textile Mills Association (BTMA) convened a meeting with its members from the standing committee on power, energy, and utilities last Thursday on the 26th of October. 

The discussion primarily revolved around the gas and power supply issues faced by textile mills.

During the meeting, millers put forth five suggestions for the government. 

These included the formulation of an energy policy and the allocation of gas to textile mills from inactive power plants and temporary rental power units.

They proposed exploring the possibility of diverting gas to textile mills from fertilizer factories.

Other recommendations involved rationing gas distribution from CNG stations and devising strategies to optimize gas usage from Bhola.

The millers plan to host a press conference soon to emphasize the textile sector’s significance in the economy and present their suggestions during meetings with the energy secretary and the principal secretary to the prime minister. 

Tags: Bangladesh TextileGas shortageTextile Industry
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