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Unless NTDC revises its future projections and focuses more on cheaper and sustainable renewables, the chances of reduction in electricity prices will likely remain low even in the future.
Pakistan’s electricity sector is in deep trouble. The recent nationwide blackout on the night of January 9 is just another reminder of the crisis facing the collapsing power sector. But for an average consumer, the most visible impact of this crisis has been their ever-increasing electricity bill.
A report published last week suggested that the government had decided to raise the base electricity tariff by Rs1.90 per unit from this month. The announcement, it is said, has been delayed in view of the increase in the fuel prices. The power price increase is agreed to bring the International Monetary Fund back on the table for the revival of the suspended $6 billion economic stabilisation deal with the multilateral lender.