ISLAMABAD (PEN) : The Punjab government has approved a significant reduction in power tariffs aimed at providing relief on electricity bills for consumers across the province. The decision was finalized during the 26th meeting of the provincial cabinet, chaired by Chief Minister Maryam Nawaz Sharif.
Tariff Cuts for Thermal Power Plants
The cabinet gave the green light to a proposal lowering electricity rates for Punjab-based power companies, specifically *Quaid-e-Azam Thermal Power Pvt Ltd* and *Punjab Thermal Power Pvt Ltd. The move is expected to result in a **30% to 40% decrease* in electricity bills for end-users.
Chief Minister Maryam Nawaz highlighted the importance of this measure in addressing public concerns over rising energy costs. The initiative reflects the provincial government’s broader strategy to deliver targeted economic relief and improve affordability for households.
Broader Cabinet Approvals
Alongside the energy sector reforms, the Punjab cabinet approved several other initiatives, including:
Rs400 million grant* for land acquisition from RUDA for *Punjab Journalist Housing Society Phase 2*, to be administered by the Punjab Journalist Housing Foundation.
Child Protection Policy* and *Punjab Senior Citizen Welfare Bill* to enhance social welfare programs.
Approval of the *Electric Vehicle Registration Policy* and plans for *helicopter overhauling*.
Endorsement of the *Punjab Horticulture Authority Act*, with an emphasis on increasing green zones in Lahore to combat smog.
Authorization for *land acquisition* for the development of a *Medical City in Lahore*.
Establishment of *Punjab Air Private Limited* to improve regional connectivity.
Launch of the *Maryam Nawaz Social Security Ration Card Scheme* and the *Punjab Clean Air Program*.
Funding allocated for upgrading *bus stops* in Lahore and introducing *electric buses*.
Expansion of *Sahulat Bazaars* across multiple districts.
Approval for furnishing and equipment upgrades in government-run hospitals.
The cabinet also agreed to provide *interest-free electric tax relief*, further easing the financial burden on consumers.
