ISLAMABAD, (TDI): Prime Minister Shehbaz Sharif on Friday unveiled a three-month electricity relief package aimed at reducing power tariffs for domestic, industrial, and commercial consumers across Pakistan.
Speaking at a ceremony in Islamabad to mark Iqbal Day, the Prime Minister revealed that the government would introduce the Electricity Sahulat Package for the winter months of December, January, and February.
“This initiative will bring substantial reductions in electricity prices for all sectors—domestic, industrial, and commercial,” Sharif said, emphasizing the government’s efforts to ease the financial burden on consumers during the winter.
For domestic users, the new package will set a flat rate of Rs26.07 per unit for additional electricity consumption, resulting in savings of Rs11.42 to Rs26 per unit. This discounted rate will be applicable nationwide.
Industrial consumers will see reductions ranging from Rs5.72 to Rs15 per unit, while commercial consumers will benefit from even greater savings, with reductions of Rs13.46 to Rs22 per unit. This translates to a 34% to 47% decrease in electricity costs for commercial users.
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In his speech, Prime Minister Sharif underscored the broader economic benefits of the relief package, stressing that lower energy costs would help stimulate economic growth.
“Reducing electricity costs will boost industrial production, enhance agricultural output, drive business growth, and improve exports, ultimately strengthening Pakistan’s economy,” he added.
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It is also noteworthy that last month, Pakistan renegotiated costly contracts with Independent Power Producers (IPPs) and terminated agreements with five of the oldest IPPs in a bid to further reduce tariffs.
Pakistan’s manufacturing sector has long expressed concerns over high electricity costs, arguing that inflated power tariffs make local exports less competitive in the global market.
