Power consumers in Pakistan may receive a slight reduction in their electricity bills. Prices are expected to decrease by 65 paisa per unit for a one-month period.
The Central Power Purchasing Agency (CPPA) has formally requested this adjustment. The National Electric Power Regulatory Authority (NEPRA) will hold a hearing on the proposal today.
This reduction falls under the monthly fuel price adjustment mechanism. If approved, the benefit will also extend to all K-Electric consumers. The CPPA’s application provided a detailed breakdown of power sources. The data explains the basis for the proposed cost reduction.
In October, hydropower was the leading source, contributing 27.36% of total generation. Nuclear power followed at 22.13%, and imported RLNG accounted for 19.72%.
Local coal provided 12.76% of the electricity, while natural gas and imported coal contributed 9.16% and 4.71% respectively. In a separate development, Prime Minister Shehbaz Sharif has announced a new support package. The ‘Roshan Maeeshat Bijli Package’ aims to boost the industrial and agricultural sectors.
This three-year initiative will provide additional electricity at a subsidised rate of Rs. 22.98 per unit. It is designed to lower operational costs for businesses and farmers until October 2028.
The Prime Minister stated this would substantially reduce the current industrial rate of Rs. 34 per unit. The agricultural sector, currently paying Rs. 38 per unit, will also see a significant price cut.