Islamabad, Apr 9, 2025: In a welcome development for residents of Karachi, electricity prices are likely to drop by Rs6.62 per unit, offering substantial financial relief to K-Electric users.
The request details are advertised in the national dailies.
According to sources, K-Electric has submitted a formal application to the National Electric Power Regulatory Authority (NEPRA), requesting a tariff cut through a Fuel Charges Adjustment (FCA) for the month of February.
NEPRA has scheduled a public hearing for April 16 to evaluate K-Electric’s proposal.
If the authority grants approval, this move is projected to bring a cumulative relief of Rs6.66 billion to power consumers in the city.
In a related update, Prime Minister Shehbaz Sharif recently disclosed a broader plan for reducing electricity costs across the country.
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At a public gathering, he announced a significant reduction of Rs7.41 per unit for residential users and Rs7.59 per unit for industrial consumers.
The premier described this initiative as a meaningful step to support citizens ahead of Eid celebrations, calling it a national gift.
He further emphasized that this decision will revive business activity and inject momentum into the national economy.
The government negotiated successfully with Independent Power Producers (IPPs), leading to expected savings of nearly Rs3,696 billion.
Moreover, to address the growing issue of circular debt, currently estimated at Rs2,393 billion, the government has already made financial arrangements to curb the crisis.
Prime Minister Shehbaz also underlined the urgency of eliminating electricity theft, which causes an annual loss of around Rs600 billion.
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As part of broader reforms, he urged the privatization of power distribution companies or their transfer to provincial governments to enhance operational efficiency.
This comprehensive power sector strategy aims to stabilize the energy economy, reduce household burdens, and promote long-term sustainability.
If NEPRA gives the green light on April 16, K-Electric customers can look forward to lower bills in the coming months—a much-needed reprieve amid inflationary pressures.
Stay tuned for the final decision, which could mark a turning point in Pakistan’s electricity pricing landscape.
