Islamabad, March 23, 2025 – Prime Minister Shehbaz Sharif has revealed that a groundbreaking relief package aimed at slashing electricity costs for millions of Pakistanis will be rolled out in the coming weeks. The announcement, made during a high-level meeting on the Power Division in Islamabad, signals the government’s commitment to easing the financial burden on citizens while pushing forward with transformative reforms in the energy sector.
Addressing key stakeholders, PM Sharif underscored the urgency of providing tangible relief on electricity prices, noting that ongoing reforms in the power sector have paved the way for sustainable cost reductions. Sources close to the government revealed that a tariff reduction of Rs8 per unit, previously approved by the International Monetary Fund (IMF), is set to take effect from April 1, 2025. Consumers can expect to see the impact reflected in their May bills, with Rs4.73 per unit designated as a permanent adjustment. Additionally, the Ministry of Finance and Power Division are reportedly finalizing measures to further lower rates by Rs2 per unit, potentially deepening the relief for households and businesses alike.
Beyond immediate tariff cuts, the prime minister emphasized the need for clarity on the government’s solarisation policy, directing officials to counter misinformation with transparent, fact-based communication. “Renewable energy is the future,” Sharif declared, reaffirming the administration’s focus on expanding solar and other green energy initiatives to reduce reliance on costly fossil fuels.
The meeting also tackled systemic challenges in the power sector. Sharif called for expedited privatization of power distribution companies, urging officials to swiftly resolve legal and administrative bottlenecks. He further ordered the liquidation of underperforming generation companies to streamline operations and cut inefficiencies. To ensure a cohesive approach, the prime minister mandated enhanced coordination between the Power, Water Resources, and Petroleum Divisions to craft a unified energy strategy that balances affordability with long-term sustainability.
The announcement has sparked cautious optimism among citizens grappling with rising living costs. Analysts suggest that while the tariff reduction and reforms signal a positive shift, their success hinges on effective implementation and sustained political will. As the nation awaits the formal rollout of the relief package, all eyes remain on the government to deliver on its promise of a more affordable and efficient energy future for Pakistan.