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Govt slashes power tariff for five export industries

ISLAMABAD: The federal government has slashed power tariff for five zero-rated industries to provide incentive to the export sector, ARY News reported on Wednesday. The government's step to ensure supply of cheaper electricity will help the export industries to cut down the production cost. The Power Division of the Ministry of Energy has notified reduction in the power tariff by three rupees per kilowatt hour for five zero-rated industries. According to the notification, the decision will be implemented in all…