The National Electric Power Regulatory Authority (Nepra) on Thursday approved the government’s request to reduce electricity prices in RS1.71 per unit for three months, according to a written decision of the authority.
Last month, the government formally asked Nepra to reduce electricity rates at RS1.71 per unit from April to June for all consumers throughout the country as part of government efforts to reduce consumer end rates and improve demand.
Nepra listened to the government’s request on April 4 and reserved its decision. During the hearing, it arose that rupees 7.41 per unit reduced energy rates throughout the country announced by Prime Minister Shehbaz Sharif included RS1.71 per unit of relief in Levy of Petroleum.
According to Nepra’s decision, which has been seen by Dawn.comThe application was approved and the decision had been transmitted to the government for notification.
“Authority has no objections in the instant movement, since it does not affect the determined Nepra rate, from the Republican party [Government of Pakistan] has decided to provide an additional subsidy from the expected PDL collection [Petroleum Development Levy]”, Read the decision.
“Consequently, the Ministry’s request [of Energy] To provide [an] Additional subsidy of RS.L.71/KWh to all consumers of Xwdiscos and K-Electric (except Lifeline consumers) for the April 2025 to June 2025, it is approved, ”he added.
According to Nepra, the Minister of Energy said during the April 4 hearing that the estimated PDL collection for 3.5 months was around RS58.6 billion, which would be used to provide differential subsidies of rates for consumers in the electricity sector.
“The federal cabinet has approved this proposal and has allowed to present the motion before Nepra so that [the] The benefit can be transmitted to consumers in the April 2025 billing month, ”reads decision.
