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	166,553.28 727.76M	-0.47% -793.56
ALLSHR	101,296.66 1,567.06M	-0.28% -289.04
KSE30	50,903.27 227.71M	-0.57% -289.80
KMI30	241,347.86 135.29M	-0.16% -394.95
KMIALLSHR	66,524.37 778.95M	-0.27% -179.92
BKTi	47,779.01 130.29M	-0.85% -408.88
OGTi	32,913.20 28.90M	0.79% 259.34

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,720.00	111,065.00 106,950.00	-3385.00 -3.02%
BRENT CRUDE	62.73	62.96 61.38	1.41 2.30%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	92.75	0.00 0.00	0.70 0.76%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	58.69	58.92 57.34	1.45 2.53%
SUGAR #11 WORLD	15.09	15.44 15.03	-0.15 -0.98%