{"id":72634,"date":"2020-12-11T17:35:00","date_gmt":"2020-12-11T12:35:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=72634"},"modified":"2020-12-11T17:34:15","modified_gmt":"2020-12-11T12:34:15","slug":"commerce-ministry-proposes-concessionary-electricity-rates","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html","title":{"rendered":"Commerce ministry proposes concessionary electricity rates for cement sector"},"content":{"rendered":"\n<p>Islamabad: The Ministry of Commerce has suggested \u2018concessionary rates of electricity to cement industry on the exportable quantity of cement and clinker\u2019, as per a news report published on December 11.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/establishment-of-five-cement-plants-approved-in-punjab.html\" target=\"_blank\" rel=\"noreferrer noopener\">Establishment of five cement plants approved in Punjab<\/a><\/p>\n\n\n\n<p>According to the ministry, the cement industry has vast potential to boost national exports. In 2019-20, Pakistan exported USD 266 million worth of cement \u2013 a value which is likely to grow substantially in future as a result of new business policies.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.zameen.com\/news\/cement-sales-reach-all-time-high-in-october.html\" target=\"_blank\" rel=\"noreferrer noopener\">cement<\/a> and clinkers made in Pakistan are exported to major export destinations like Bangladesh, Madagascar, Sri Lanka, South Africa, China, etc.<\/p>\n\n\n\n<p>However, the cement industry stakeholders have expressed grave concerns to the commerce ministry over the high energy costs that add significantly to the production costs and strains the industry competitiveness in the international market.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pakistans-cement-sector-reports-high-growth-first-quarter.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan\u2019s cement sector reports high growth in first quarter<\/a><\/p>\n\n\n\n<p>The stakeholders have requested the government to declare the sector \u2018partial export industry\u2019 and incentivise electricity rates \u2013 as extended to other export industries. The reduced power rates will impact product cost and improve sales in the international market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Ministry of Commerce has suggested \u2018concessionary rates of electricity to cement industry on the exportable quantity of cement and clinker\u2019, as per a news report published on December 11. Read: Establishment of five cement plants approved in Punjab According to the ministry, the cement industry has vast potential to boost national exports. In 2019-20, Pakistan exported USD 266 million worth of cement \u2013 a value which is likely to grow substantially in future as a result of new business policies. The cement and clinkers made in Pakistan are exported to major export destinations like Bangladesh, Madagascar, Sri Lanka, South Africa, China, etc. However, the cement industry stakeholders have expressed grave concerns to the commerce ministry over the high energy costs that add significantly to the production costs and strains the industry competitiveness in the international market. Read: Pakistan\u2019s cement sector reports high growth in first quarter The stakeholders have requested the government to declare the sector \u2018partial export industry\u2019 and incentivise electricity rates \u2013 as extended to other export industries. The reduced power rates will impact product cost and improve sales in the international market.<\/p>\n","protected":false},"author":75,"featured_media":61117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[43992],"persona":[],"class_list":{"0":"post-72634","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-commerce-ministry-proposes-concessionary-electricity-rates-for-cement-sector","10":"cat-15016-id","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ministry for concessionary power rates for cement sector - Zameen News<\/title>\n<meta name=\"description\" content=\"According to the ministry, the cement industry has vast potential to boost national exports. In 2019-20, Pakistan exported USD 266 million worth of cement\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ministry for concessionary power rates for cement sector - Zameen News\" \/>\n<meta property=\"og:description\" content=\"According to the ministry, the cement industry has vast potential to boost national exports. In 2019-20, Pakistan exported USD 266 million worth of cement\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-11T12:35:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/cement.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ministry for concessionary power rates for cement sector - Zameen News","description":"According to the ministry, the cement industry has vast potential to boost national exports. In 2019-20, Pakistan exported USD 266 million worth of cement","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html","og_locale":"en_US","og_type":"article","og_title":"Ministry for concessionary power rates for cement sector - Zameen News","og_description":"According to the ministry, the cement industry has vast potential to boost national exports. In 2019-20, Pakistan exported USD 266 million worth of cement","og_url":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2020-12-11T12:35:00+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/cement.jpg","type":"image\/jpeg"}],"author":"Hazafa Hasan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Hazafa Hasan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html"},"author":{"name":"Hazafa Hasan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/422fcc128fcaf82dae8406d1cf62a52b"},"headline":"Commerce ministry proposes concessionary electricity rates for cement sector","datePublished":"2020-12-11T12:35:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html"},"wordCount":193,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/cement.jpg","keywords":["Commerce ministry proposes concessionary electricity rates for cement sector"],"articleSection":["New Developments","Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html","url":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html","name":"Ministry for concessionary power rates for cement sector - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/commerce-ministry-proposes-concessionary-electricity-rates.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/02\/cement.jpg","datePublished":"2020-12-11T12:35:00+00:00","description":"According to the ministry, the cement industry has vast potential to boost national exports. 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