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	163,188.53 234.70M	0.93% 1496.04
ALLSHR	98,429.46 635.18M	0.52% 510.22
KSE30	49,735.93 108.72M	1.34% 655.86
KMI30	232,829.71 86.13M	1.15% 2645.61
KMIALLSHR	63,800.86 233.22M	0.53% 337.97
BKTi	44,493.13 46.30M	1.35% 594.19
OGTi	31,741.52 12.64M	1.02% 319.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,910.00	90,460.00 86,250.00	2490.00 2.85%
BRENT CRUDE	63.07	63.19 62.11	0.59 0.94%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.10 0.12%
ROTTERDAM COAL MONTHLY	96.00	96.00 96.00	0.00 0.00%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.59	58.69 57.66	0.64 1.10%
SUGAR #11 WORLD	15.12	15.19 14.86	0.21 1.41%