Advertisement
Categories: BusinessNewsPakistan

PM Shehbaz Announces Relief Package for Electricity Consumers Using Up to 200 Units

Advertisement

Prime Minister Shehbaz Sharif unveiled a substantial relief package worth 50 billion rupees for domestic electricity consumers using up to 200 units per month.

Addressing an energy sector reform ceremony in Islamabad, he stated that the package would benefit 25 million domestic consumers, comprising 94% of the total domestic user base, over the months of July, August, and September.

Federal Cabinet Approves Major Hike in Electricity Tariff

Under the package, the cost per unit of electricity will be reduced to between four and seven rupees. This subsidy will also extend to K-Electric consumers. The funding for this initiative will come from the development fund.

Sharif highlighted that the relief is intended to mitigate the impact of rising electricity prices during the peak summer months. He noted that electricity consumption typically decreases as the weather becomes milder from October onwards.

This post was last modified on July 9, 2024 7:12 pm

Advertisement
News Desk

Recent Posts

Kevin O’Leary defends Timothee Chalamet’s Oscar hopes despite controversy

Kevin O'Leary rallied behind Timothee Chalamet following a controversial comment about his involvement with opera…

1 hour ago

ACE exposes irregularities in Balochistan Sports Dept recruitments

The Anti-Corruption Establishment (ACE) recently unearthed allegations of irregularities surrounding recruitment processes conducted by the…

1 hour ago

Crenshaw Backs Trump’s Move to Deploy More Marines to Middle East

Texas Republican Rep. Dan Crenshaw echoed his fellow Republicans' stance on Sunday, emphasizing President Trump’s…

3 hours ago

Three injured in accident involving loader rickshaw and motorcycle

Three men suffered injuries following a collision between a rickshaw and a motorcycle in Kahna.…

3 hours ago

U.S. Wins Paralympic Ice Hockey Gold Over Canada

In a thrilling rematch just three weeks after the United States captured gold at the…

7 hours ago

Jim Curtis helps Jennifer Aniston drop her strict routine

Jennifer Aniston has recently found herself stepping away from her hectic lifestyle, embracing moments of…

7 hours ago