Islamabad: Another reduction in electricity prices conducted today, this time under the fuel charges adjustment (FCA) after massive reduction announced by Prime Minister Shehbaz Sharif for both the domestic and commercial consumers earlier in the day.
The electricity decreased by Rs 3.02 per unit for K-electric consumers while for rest of the country, the electricity reduced by 46 paisas.
Separate notifications have been issued for Karachi and rest of the country.
As per the notification the power prices have been reduced for K-electric customers for the month of January 2025 under the monthly FCA.
On the other hand for other part of the country, power prices have been reduced for the month of February 2025 under the monthly FCA, as per the notification.
The notifications also announced that Karachi power consumers and rest of the country consumers will get the relief in April 2025 electricity bills.
Earlier in the day,Prime Minister Shehbaz Sharif has announced a major relief of Rs 7.41 per unit on electricity for home consumers and Rs 7. 69 per unit for industrial consumers.
The Prime Minister announced the relief in televised address to a ceremony on the government reduction package in electricity prices attended by federal ministers,ministers of states, businessmen, industrialists, traders.
He described the reduction as a gift to the nation on the occasion of Eid.
The premier said that the reduction in electricity tariff will speed up economic activities all across the country.
