At the request of Prime Minister Shehbaz Sharif, local energy companies, including Liberty Power Producers and Gul Ahmed Energy Power Plant, have agreed to reduce electricity production tariffs. This decision aims to provide relief to Pakistanis facing an ongoing energy crisis.
Danish Iqbal, Chairman of Gul Ahmed Energy Power Plant, emphasized the shared responsibility of all stakeholders in addressing the country’s energy challenges. “Our priority is to lower electricity tariffs for the people of Pakistan,” he stated, calling for collaboration within the energy sector.
Gul Ahmed Wind Power Ltd also reaffirmed its commitment to affordable energy and highlighted the need for long-term strategies focused on renewable sources like wind and solar to cut production costs. Iqbal also stressed the importance of lowering interest rates and attracting foreign investors to produce cheaper electricity.
These efforts mark a significant step toward alleviating the financial burden on consumers and stabilizing Pakistan’s power sector.
