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Home Breaking News

Razak Dawood urges industries to utilize benefits of power tariff package

byCT Report
04/11/2020
in Breaking News, Business, Latest News, Slider News
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ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday urged export-oriented small, medium and large enterprises to take full benefit of a power tariff relief package announced by PM Imran Khan.

In a tweet, he said: “It was a long standing demand of our industry that our energy tariff be made competitive in order to reduce their cost of doing business. This demand has now been met.”

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“Exporters, large & SMEs, please utilize the benefits of reduced energy costs and go full speed ahead to translate this into greater exports for the country. The MOC is always at your service in case you face any hurdles.”

Earlier on November 3, Prime Minister Imran Khan had announced a three-year relief package for the industrial sector, cutting rate of commercial electricity on additional usage by small and medium enterprises (SMEs) and omitting peak-hour charges to encourage manufacturing.

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