Power price cut by Rs 4.25

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Minister for Information and Broadcasting Marriyum Aurangzeb on Saturday said electricity price had been reduced by Rs 4.25 per unit in October on the directives of Prime Minister Shehbaz Sharif.

“The prices have been reduced in terms of fuel charges adjustment,” she said in a news statement. The minister said it was a “big relief” for the public from PM Shehbaz Sharif.

She said it had been decided to continue the same quarterly adjustment which was charged in the electricity bills for September. The initiative was taken keeping in view the burden of rising prices of electricity on public, she added.

The National Electric Power Regulatory Authority announced the decision regarding fourth quarterly adjustment for the fiscal year 2021-22 on October 14, 2022.

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