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Currently, three manufacturers dominate the industry and have posted billions in profits in 2015
ECC puts off decision, issues directives for more consultation at ministerial level
Will invite private sector to invest in new 100-250MW plants
ECC directs PSM management to send staff on leave to cut expenses
The move will trigger a hike in gas, electricity tariffs
Mandviwalla stated that the ECC has denied Sindh-based mills the opportunity to avail the subsidy
Additionally reduces Punjab and Sindh wheat export quotas by half
Approval to come as Qatari authorities agree to cut price
Petroleum ministry wants to continue provision of gas to the fertiliser plant
Government should exit value chain to ensure welfare of growers, consumers and sugar producers