ISLAMABAD (PEN) : The government is exploring the possibility of reducing electricity prices by up to Rs8 per unit for three months, as part of a proposed winter relief package aimed at easing the financial burden on consumers. This relief would apply from December through February 2025, although an alternative proposal suggests extending the package until April. However, any decision on this relief is contingent on approval from the International Monetary Fund (IMF).
According to reports, officials from the finance ministry have already held discussions with the IMF and submitted a detailed report addressing the Fund’s concerns. If the IMF gives its consent, the package will then be forwarded to the National Electric Power Regulatory Authority (NEPRA) for review and approval, followed by final authorization from the federal cabinet.
Three potential options are currently being considered for the relief package: one that would provide relief to all consumers, another that would focus specifically on industrial users with a potential price cut of up to Rs20 per unit, and a mixed approach that would prioritize industrial relief to stimulate demand. The package is being carefully crafted in coordination with the Power Division, Ministry of Finance, and other relevant departments, with the goal of encouraging higher electricity consumption during the colder months while providing financial relief to struggling households and businesses.
As winter approaches, the government is keen to provide some respite to consumers, but the outcome depends on navigating the regulatory and financial approval processes, including the IMF’s stance on the proposed measures.
