Prime Minister Shehbaz Sharif has announced that a comprehensive package will soon be introduced to reduce the cost of the public.

Chairman of a Meeting on Power Division in Islamabad on Sunday, Prime Minister Shehbaz Sharif emphasized that ongoing reforms in the electricity sector would enable the government to relieve electricity awards.

He ordered officials to remove misunderstandings about the government’s solarization policy through factual communication, confirming that promoting renewable energy remains a priority.

In addition, the Prime Minister called on an accelerated privatization process for power distribution companies and called for the solution of legal and administrative obstacles affecting the liquidation of generational companies.

PM also directed improved coordination between Power Division, Water Resources Division and Petroleum Division to formulate a unified energy sector strategy.

Previously, it was reported that Prime Minister Shehbaz Sharif had expected to officially announce a reduction in electricity stars with RS8 per year. Unit on March 23, after approval from the International Monetary Fund (IMF).

According to sources, the Ministry of Finance and the power department had investigated further measures to further lower the electricity rates by RS2 per year. Unit. A final decision had been made before the official message.

The reduction, which will take effect from April 1, 2025, was expected to be reflected in consumer bills that started in May. Of RS8 per Unit drop was RS4.73 per Device been termed a permanent adjustment.