Electricity prices in Pakistan are likely to increase by Rs1.64 per unit for a month as Nepra begins hearings on a request filed by the Central Power Purchasing Agency (CPPA).
The proposed hike has sparked concerns among industrial consumers already facing rising energy costs.
The National Electric Power Regulatory Authority (Nepra) has initiated hearings on a petition submitted by the CPPA. The request seeks a temporary increase of Rs1.64 per unit in electricity prices, which could further impact consumers across the country.
Industry voices concern
Industrial consumers strongly opposed the move, stating that the sector is already bearing not only its own costs but also additional financial burdens. They urged authorities to minimize the impact of electricity price hikes on industry to protect economic activity.
According to industrial representatives, the sector has already paid Rs590 billion in fuel cost adjustments (FCA) over the past two months. They warned that continued increases could further strain businesses and reduce competitiveness.
Complaints over loss of incentives
Industrial consumers also highlighted that many units have been deprived of the incremental package previously offered to support production. They argued that removing such incentives while increasing power costs adds to financial pressure on industries.
The CPPA informed Nepra that a quarterly adjustment of approximately Rs2.79 per unit is also expected by February. This indicates that electricity costs may continue to rise in the coming months.
Gas shortages and loadshedding
Consumers raised concerns about the ongoing geopolitical situation, warning that power plants could face gas shortages during a potential war scenario. They questioned whether such a situation might lead to electricity load shedding for industrial consumers.
In response, the CPPA stated that while RLNG supply has been shut down, coal supply to power plants has not been affected. This assurance comes as authorities attempt to maintain energy generation despite supply challenges.
Growing pressure on energy sector
With rising tariffs, fuel supply uncertainties, and industry concerns, Pakistan’s energy sector continues to face mounting pressure. Stakeholders are calling for balanced decisions to protect both consumers and economic stability.
