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	166,258.55 345.39M	-0.85% -1432.54
ALLSHR	99,756.66 682.04M	-0.84% -849.13
KSE30	50,917.87 169.66M	-0.80% -409.75
KMI30	232,771.76 122.66M	-0.63% -1483.82
KMIALLSHR	63,780.68 324.88M	-0.84% -537.69
BKTi	49,031.15 76.99M	-1.23% -610.02
OGTi	32,693.73 16.75M	-1.13% -372.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%