NEPRA approves Rs 22.98/unit tariff to boost industrial and agricultural output

Concessional Rs 22.98/unit tariff aims to boost industrial production, competitiveness, and job creation

Industries will now pay Rs 22.98 per unit for additional electricity consumption under a new concessional tariff approved by NEPRA, the Power Division announced on Tuesday.

The three-year industrial support package aims to stimulate production, enhance competitiveness, and create new jobs across the country. Residential and commercial consumers will not be affected.

Federal Minister for Energy, Sardar Awais Ahmed Khan Leghari, said the package will provide industries with greater confidence and stability for long-term planning. Greenfield projects, including data centers and crypto-mining operations, will also benefit from the revised tariff structure.

NEPRA’s determination was issued on the federal government’s reference, and the Power Division has initiated procedures to issue the official notification, after which the concessional rates will take effect.

 

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read