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How much will electricity prices drop after end of five IPP contracts?

How Much Will Electricity Prices Drop After End Of Five Ipp Contracts
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ISLAMABAD – The government announced termination of existing Power Purchase Agreements with five Independent Power Producers (IPPs), and will bring power tariff down in the coming months.

PM Shehbaz Sharif made announcement about end of agreements with five Independent Power Producers (IPPs) to save the national treasury Rs411 billion and provide annual relief of 60 billion rupees to consumers.

He commended power producers for putting national interest over personal gain. Hub Power Company Limited, Pakistan’s largest Independent Power Producer (IPP) was among those who negotiated settlement agreement with PML-N led government.

Energy Minister Leghari confirmed that electricity prices will come down by Rs10 per unit, projecting that these changes could be implemented within a year.

The government’s efforts aim to stabilize the economy while ensuring that the benefits reach the average consumer, marking a proactive step toward more affordable energy solutions in Pakistan.

Current Electricity Unit Price in Pakistan

Units Price
1 – 100 Units 22
101 – 200 Units 36.90
201 – 300 Units 39.10
301 – 400 Units 41.40
401 – 500 Units 43.10
501 – 600 Units 44.10
601 – 700 Units 52
Above 700 Units 65+

The latest power unit for first 100 units is Rs. 22. For usage between 101 and 200 units, the price increases to over Rs. 36. The cost rises further to Rs. 39 for 300 units, and over Rs40 for 301-400 units.

For consumption over 500, consumers need to pay Rs44. and for using over 700 units, the charge is Rs. 65 and above.

Electricity Bills in Pakistan to rise further as Nepra adds Rs1.7 per Unit from Sep to Nov

 

 

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