Islamabad: The Power Division has announced significant achievements in the power sector, citing a decrease in electricity prices, elimination of cross-subsidies, and substantial national savings.
According to a press release, the average electricity price has decreased to PKR 44.04 per unit from PKR 48.70 per unit in June 2024, marking a reduction of PKR 4.66. Industrial electricity prices have also seen a significant drop to PKR 47.17 per unit, down from PKR 58.50 per unit in June 2024, reflecting a reduction of PKR 11.33.
The government has also eliminated PKR 150 billion in cross-subsidies from the industrial sector, a step that has boosted industrial growth and job creation in Pakistan.
Key Achievements:
- Average electricity price reduced by PKR 4.66 per unit
- Industrial electricity prices reduced by PKR 11.33 per unit
- PKR 150 billion eliminated in cross-subsidies from the industrial sector
- PKR 55 billion earmarked for solarization of 27,000 tubewells in Balochistan
- Agreements with IPPs result in national savings of PKR 411 billion
- Bijli Sahulat Package introduces special tariff of PKR 26.07 per unit
Minister for Power, Sardar Awais Ahmed Khan Leghari, stated that the power sector has shown marked improvement in electricity prices and that the government is committed to delivering affordable, sustainable, and reliable electricity to the people of Pakistan.
