PM announces Rs10.69 cut in electricity tariff for industries

Islamabad: Prime Minister Shehbaz Sharif on Friday announced a reduction of 10.69 rupee per unit price of electricity for industrial sector.

The reduction in electricity prices was made under Prime Minister's historic power package for improvement of country's industry.

According to the details, with the special efforts of the Prime Minister, the price of electricity for the industry and export sector was fixed at 34.99 rupee per unit.

Under the Prime Minister's package, the burden of more than 200 billion rupees will be removed from the industries.

This package has been introduced to make the cost of goods competitive in the global market.

This package will reduce the cost of production of industrial and agricultural products and significantly increase exports.