Pakistan’s industrial sector is set to benefit from a significant reduction in electricity costs after the government announced a fresh power tariff cut aimed at easing pressure on businesses.

Following the prime minister’s directive, Power Minister Awais Laghari said industrial electricity bills will see a reduction of Rs 4.04 per unit. He noted that this burden stood at Rs 8.90 per unit at the start of the current government but has now been fully removed. The minister described the move as a major step towards restoring industrial competitiveness and supporting economic growth.

At present, industries pay a wheeling charge of Rs 12.52 per unit, which includes the Rs 4.04 component. With the new tariff adjustment, the wheeling charge is expected to fall to around Rs 9 per unit or even lower, depending on the category of the industrial consumer. This change is directly linked to the reduction in power tariffs.

As a result, electricity for industries will now be available at nearly 11.5 cents per unit. Officials believe this will significantly reduce production costs, improve cash flows, and help local manufacturers compete both domestically and internationally.

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Minister Laghari said the reduction in wheeling charges reflects the government’s broader strategy to make energy more affordable without compromising grid stability. He added that lower power costs would encourage investment, boost exports, and create jobs.

The government has advised industrial consumers to carefully review their electricity bills once the revised rates come into effect. Analysts say the move could provide timely relief to businesses struggling with high input costs and weak demand.