Electricity can be cheaper: Prime Minister Shahbaz Sharif will announce a reduction in electricity prices today.
Private TV Geo News quoted sources in the Power Division as saying that electricity could become cheaper by up to Rs 6 per unit, with the termination and amendments of IPP contracts creating scope for a reduction in electricity prices.
Sources say that talks with 29 IPS have been completed and due to talks with 29 IPS, there will be a saving of Rs 2498 billion.
According to sources, this saving will be between the 3 and 20-year period of these power plants. The government also proposes to increase the electricity subsidy per unit across the country.
Contrarily, Prime Minister Shahbaz Sharif will surprise the people in his address to the nation. According to government sources, the Prime Minister will announce big news, and Shahbaz Sharif will announce an important decision.
According to sources, the Prime Minister is expected to announce a big reduction in electricity prices today.