
In what seems to be a substantial relief for the country's farmers and industrialists, the government of Pakistan is planning to cut electricity tariffs.
Reports suggested that electricity prices in Pakistan are expected to fall by over Rs10 per unit under the new initiative aimed at supporting farmers and the industrial sector.
Offering electricity at discounted rates for additional consumption, the three-year plan will encourage higher electricity usage and improve production efficiency.
Reduced electricity prices will take effect on 1st November 2025, ProPakistani reported, citing sources, adding that the package will remain in effect until 31st October 2028. This initiative will officially be announced by Prime Minister Shehbaz Sharif on Thursday.
With minimal tax on the agricultural and industrial lines, the government seeks to reduce production costs and boost exports by minimising the energy burden on businesses.
Industry experts are of the view that lowering power tariffs is a vital step in stimulating economic activity and making the industrial sector more competitive.
The relief package is believed to solidify Pakistan’s industrial prowess and drive sustainable economic growth.