Erstwhile zero- rated industries will be given rate of 7.5 c/kWh for July- August: Abdul Razaq Dawood

MG News | September 01, 2020 at 03:17 PM GMT+05:00

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September 1, 2020 (MLN): In a meeting held today between the Ministries of Commerce, Finance and Energy, it was agreed that erstwhile zero- rated industries will be given a rate of 7.5 c/kWh for July and August and 9c/kWh thereafter.

Moreover, for gas, the rate will be $6.5 MMBtu throughout.

This was announced by the Advisor to the Prime Minister on Commerce and investment, Abdul Razzaq Dawood via his official Twitter handle.

“In the wake of COvid-19 pandemic, I feel that MOC has obtained a very good rate and now the exporters should concentrate on growth of our exports”, he said.

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