Electricity prices likely to drop in Pakistan

ISLAMABAD: There is a strong possibility that electricity prices will decrease by 65 paisas per unit for consumers of government-owned power distribution companies.

The National Electric Power Regulatory Authority (NEPRA) has completed the hearing on the request of the Central Power Purchasing Agency and the authority will also issue a final decision to review the statistics.

Sources said that electricity is likely to be 65 paise per unit for a month, with this approval that consumers will get more than Rs 8 billion relief. Industrialists say that if the rates continue to grow, the industry will be destroyed.

Chairman NEPRA said that the circular date of the power distribution companies should be informed about the circular date