POWER OUTAGE IN PAKISTAN CAUSES MASSIVE FINANCIAL LOSS FOR THE TEXTILE SECTOR.

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POWER OUTAGE IN PAKISTAN CAUSES MASSIVE FINANCIAL LOSS FOR THE TEXTILE SECTOR.

Lahore: According to ARY News, Pakistan’s textile industry has suffered a staggering financial loss of USD 70 million as a result of a grid failure that triggered a significant nationwide power outage.

Following the massive power loss, all industries in Pakistan were shut down since the National Grid’s electricity supply to three provinces was disrupted.

The All Pakistan Textile Mills Association (APTMAArshad )’s Khan, a senior executive, claimed that the outage could result in losses up to billions of dollars.

According to sources, the economic damage to the textile industry will reach billions of rupees if the government fails to guarantee a reliable power supply, ARY News reported.

A power out

The power outage on Monday caused “inconvenience” to the public, said Prime Minister Shehbaz Sharif on Tuesday.

In order to identify the causes of the power outage and assign blame, he also authorised an investigation.

“I would like to sincerely apologise on behalf of my government for the inconvenience the power outage yesterday caused for our citizens. I’ve ordered an investigation to find out what caused the power outage. Responsibility will be addressed, Shehbaz Sharif wrote on Twitter.
The power outage on Monday caused “inconvenience” to the public, said Prime Minister Shehbaz Sharif on Tuesday.

In order to identify the causes of the power outage and assign blame, he also authorised an investigation.

In behalf of

age took place at around 7:34 am on Monday, leaving many cities, including Karachi, Lahore, Quetta and Islamabad, without electricity, Geo News reported.

According to a statement from Pakistan’s Ministry of Energy, the national grid’s frequency dropped around 7.34 am, leading to a ‘widespread breakdown’ in the electricity system. Additionally, it stated that Warsak was the starting point for the repair of grid stations.

Citizens have to ensure load-shedding for the next 48 hours.

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