Rs.21 billion power subsidy will flourish industrial sector, specially SMEs: Omar

News Desk

The Twenty One billion rupees power subsidy, announced by the Prime Minister Imran Khan, will help the industrial sector, the Federal Minister for Energy and Petroleum Umar Ayub Khan has said, adding that it will particularly help the small and medium enterprises (SMEs) to rehabilitate and expedite industrial growth of the country.

According to media reports, the Energy Minister has made these remarks while talking to a private news channel on Wednesday.

Omar Ayub Khan further said that the decision of granting 50 percent discount on additional units for industrial sector was made in accordance with the policies of Pakistan Tehreek-e-Insaaf (PTI) government.

“The difference of ‘on peak’ and ‘off peak’ was replaced with uniform rate of electricity and it will benefit 300000 industrial consumers in the country,” the Federal Minister added.