-Advertisement-

NEPRA Slashes EV Charging Tariff to Boost Electric Vehicle Uptake

- Advertisement -

Pakistan’s National Electric Power Regulatory Authority (NEPRA) has approved a sharp reduction in electricity tariffs for electric vehicle (EV) charging stations, cutting the basic rate from Rs45.55 to Rs23.57 per unit.

The move comes following a federal government request aimed at encouraging EV adoption and expanding access to charging infrastructure across the country. The new tariff represents a Rs21.98 per unit decrease, making EV charging significantly more affordable.

- Advertisement -

In addition to the rate cut, NEPRA has also removed the capped margin of Rs24.44, allowing a free-market approach to determine profit margins for EV charging providers.

Officials hope this decision will stimulate private investment in EV infrastructure and make electric mobility a more viable option for consumers.

The development aligns with the government’s broader energy and environmental goals, as the country looks to reduce its reliance on fossil fuels and curb urban pollution.

Meanwhile, the Finance Ministry announced that petroleum product prices will remain unchanged.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

Sherpa Climbs Everest 32nd Time, Breaking Record

Nepali Sherpa Guide Sets New Record Scaling Mount Everest56-year-old...

Starmer Won’t Set Timetable for Leaving Downing Street

British Prime Minister Keir Starmer has decided not to...

Arsenal Secure Premier League Title After City’s Loss to Bournemouth

Arsenal F.C. clinched their first Premier League title in...

Iran Doubles Executions as Global Death Penalty Reaches 44-Year High

The death penalty saw a significant surge globally in...
-Advertisement-