Pakistan is accelerating its push for electric vehicles (EVs) by reducing the tariff on EV charging stations by Rs 21.98 per unit.
The National Electric Power Regulatory Authority (NEPRA) has approved the federal government’s request to reduce the basic tariff by Rs 21.98 per unit. This initiative promotes eco-friendly transportation by making electric vehicles (EVs) more affordable and decreasing reliance on imported fuels.
NEPRA’s decision lowers the EV charging station tariff from Rs 45.55 to Rs 23.57 per unit, a reduction of nearly 48%. Additionally, the authority has removed the capped margin of Rs 24.44, allowing market forces to determine pricing. This shift is expected to encourage investment in charging infrastructure and make EV operations more cost-effective for users.
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The tariff cut aligns with Pakistan’s broader environmental goals. In a recent Senate session, Minister for Law Azam Nazeer Tarar highlighted efforts to promote EVs to protect the environment and curb fuel imports. A notable step includes importing 30 electric buses from China, now stationed at Jinnah Convention Center in Islamabad, with advanced charging facilities. Their soft launch marks a milestone in sustainable public transport.
Lower tariffs could transform Pakistan’s transport sector by making EVs more accessible. Cheaper charging reduces travel costs, potentially tripling savings compared to traditional fuel vehicles. This supports Pakistan’s Electric Vehicle Policy, which targets 30% EV adoption by 2030, fostering cleaner air and energy independence.