Federal govt jacks up power tariff for export industry.

ISLAMABAD -- The federal government has jacked up power tariff for the export industry by Rs 12.13 per unit, media reported on Wednesday.

As per details, the increase in power tariff is made to implement the International Monetary Fund (IMF) conditions.

The government also has ended the subsidy on power for the export industry.

The power supply to the export industry at Rs 19.99 per unit has been withdrawn and the notification will be effective from today.

The power division has written a letter to K-electric and all the power distributing companies for the implementation of this decision.

The decision to withdraw subsidy on electricity for exporters will generate Rs 51 billion.

Earlier, the federal...

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