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

0:00

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.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	139,390.42 291.21M	0.71% 978.17
ALLSHR	86,260.96 576.29M	0.65% 558.00
KSE30	42,618.60 119.41M	0.86% 363.76
KMI30	196,907.86 123.77M	1.44% 2798.27
KMIALLSHR	57,276.87 259.26M	0.99% 563.20
BKTi	37,820.27 20.77M	-0.03% -11.06
OGTi	28,214.64 47.07M	2.82% 774.00

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,635.00	117,125.00 114,800.00	-1800.00 -1.53%
BRENT CRUDE	71.69	71.85 71.64	-0.01 -0.01%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	69.23	69.46 69.16	-0.03 -0.04%
SUGAR #11 WORLD	16.35	16.61 16.28	-0.10 -0.61%