The government is ready to announce a reduction in the electricity star riff on the RS8 per year. Unit, with Prime Minister Shehbaz Sharif, who is expected to make the official message on March 23, after approval from the International Monetary Fund (IMF), reported Express News.

According to sources, the financial and power department is investigating further measures to further reduce the electricity rates by RS2 per year. Unit. A final decision is made before the message.

The reduction, which is with effect from April 1, 2025, reflects in consumer bills from May. Of RS8 per Unit cutting will RS4.73 per Device be a permanent adjustment.

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. If international oil prices fall further, the economic effect can reach RS250 billion. However, RS1.30 per Device relief only be available for one month.

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.

For the financial year 2026 budget, the government plans to allocate funds to maintain PTV operations without relying on electricity bill collections.