Thursday, June 24, 2010

Duty on solar energy plants reduces

In order to minimize the persistent energy crisis in Pakistan, Ministry of Environment announced on Thursday lowering of duties that were imposed on solar energy plants.

During a press conference held in Islamabad, Federal Minister for Environment Hameedullah Jan said that at present duty on solar energy products is 28 per cent which is to be reduced to five to six per cent.

For that mater a summary will shortly be presented to the Economic Coordination Committee (ECC).

Jan stated that after reducing the duties, solar energy products will be available at cheaper rates in Pakistan.

Private solar company’s Director Naveed Iqbal also requested the Environment Minister to halt the influx of ‘B’ and ‘C’ class solar energy plants from China. — DawnNews

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