Factory owners and millers in Bangladesh are grappling with frequent power cuts and low gas pressure, leading to a significant decline in production. Some businesses have resorted to shutting down operations temporarily or adjusting worker schedules based on the availability of power and gas supply. To meet their commitments to buyers, some are even running units on expensive diesel generators.
Textile millers, in particular, have been operating at 50% capacity due to the low gas pressure for months, but the situation worsened with the recent power cuts. Small and medium enterprises using power looms have been hit the hardest. The unsold yarn is piling up, and some factories are running at only 30% capacity. The escalating energy crisis is increasing costs and hampering exports, raising concerns about loan repayments and business sustainability. Business leaders urge the adoption of energy-efficient equipment and call for reduced import duties on solar panels to address the situation.
Source for more details:
