Electricity Price Reduction: It Set to Decrease in Pakistan, Industrial Sector Gets Relief
Power Tariffs Expected to Drop by 65 Paisa per Unit
In a positive development for consumers, electricity prices in Pakistan are anticipated to decrease by 65 paisa per unit under the monthly fuel price adjustment (FPA) mechanism. The Central Power Purchasing Agency (CPPA) has filed a petition with the National Electric Power Regulatory Authority (NEPRA), which will hold a hearing on the matter.
If approved, the reduction will also benefit K-Electric consumers and will be applied to October’s billing cycle. The CPPA’s application highlights that hydropower generation contributed 27.36% of the total electricity produced in October, followed by local coal (12.76%), imported coal (4.71%), natural gas (9.16%), RLNG (19.72%), and nuclear power (22.13%).
PM Shehbaz Announces Roshan Maeeshat Bijli Package for Industries and Agriculture
In a separate but related development, Prime Minister Shehbaz Sharif introduced the ‘Roshan Maeeshat Bijli Package’ to support the industrial and agricultural sectors. The announcement came during a meeting with business leaders and sector experts in Islamabad.
Under this initiative, industries and farmers will receive additional electricity at subsidized rates for the next three years, until October 2028. The package provides power at Rs. 22.98 per unit, significantly lower than current industrial and agricultural tariffs.
PM Shehbaz stated that industries currently paying Rs. 34 per unit and the agricultural sector paying Rs. 38 per unit will see substantial reductions, along with additional power allocations. The move aims to boost economic activity by lowering production costs and improving competitiveness.
Balancing Consumer Relief and Sectoral Growth
The proposed 65-paisa reduction in electricity prices aligns with efforts to ease financial burdens on households, while the Roshan Maeeshat Bijli Package specifically targets industrial and agricultural revival. These measures demonstrate the government’s commitment to energy affordability and economic stability.
