Prime Minister Shehbaz Sharif is expected to announce a reduction in electricity prices below a high -level meeting on the electricity sector planned for tomorrow.

According to Express News, the Prime Minister will be chairman of the meeting, which will also be attended by the most important federal ministers.

During the session, Prime Minister Shehbaz is expected to address participants and announce the long -ended Rs 8 per year. Unit reduction in electricity prices. The meeting is set to take place at. 14.00 tomorrow.

The tariff inflation is the result of several measures, including cancellation of agreements with six independent power producers (IPPs), revision of contracts with 16 IPPs under a “Take-and-Pay” model, changing the Bagasse power plants’ currency from the US dollar to Pakistani Rupees, and lowers the return on Equity (ROE) for Government (GPP) to government (GPP) to GPPPs) to government (GPP) to GPPPs (GPPs) to GPPT (GPPs) 13%, with the doll’s rate.

Officials noted that the calculations of the customs reduction also account for the effect of lower oil prices in the global market since March 16, 2025. Maintenance of current oil prices is expected to save approx. RS168 billion

The IMF has agreed to approve this relief and acknowledge the government’s decision to freeze oil prices for three months.

The government aims to make RS6 per year. Unit in the RS8 reduction for a permanent adjustment. In addition, sources indicate that the RS35 PTV fee included in electricity bills can be removed from July 2025.