Thursday, November 21, 2024

Govt Unveils Winter Package to Boost Electricity Use and Support Factories

The Pakistani government has introduced a winter package to encourage higher electricity consumption during the winter and spring seasons.

The government on Friday announced the “Bijli Sahulat Package” for the winter months from December 2024 to February 2025.

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According to a statement issued by the Power Division, a flat rate of Rs26.07 per unit will be offered for any additional electricity demand above the benchmark historical average. The plan aims to increase electricity demand from 8,000 to 15,000 megawatts.

According to reports, officials hope this move will ease the burden of capacity payment charges and allow thousands of closed factories to resume operations, benefiting from the increased electricity consumption across various sectors.

The initiative has gained support following consultations with key industry bodies, including the All Pakistan Textile Mills Association (APTMA) and the Federation of Pakistan Chambers of Commerce & Industry (FPCCI). Legal frameworks for the package have also been finalized, setting the stage for its implementation.

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