The federal government is preparing to announce a major power tariff cut for agriculture and industry under a three-year relief package, officials confirmed on Wednesday.
According to the details, the initiative aims to reduce electricity prices for both agricultural and industrial consumers. The move is designed to lower production costs, enhance competitiveness, and boost economic growth in these key sectors.
Officials said the Ministry of Energy is finalizing the plan’s structure, which will focus on providing targeted relief without putting extra pressure on the national budget. The government also aims to stabilize electricity costs for the long term, especially for sectors that drive employment and exports.
The upcoming power tariff cut for agriculture and industry is expected to offer immediate relief to farmers and manufacturers. For farmers, lower electricity bills will help reduce irrigation and equipment costs. For industries, cheaper power will support higher output and investment in modernization.
Economic experts believe that affordable energy can play a vital role in reviving productivity and competitiveness. They also emphasize that the move could encourage industrial expansion and attract new investments. “Reducing energy prices is essential for sustainable growth and export stability,” said an analyst familiar with the energy sector.
The federal cabinet will review the proposal before formal approval. Sources said the new tariffs might be introduced in phases over the next three years to ensure a balanced implementation. The government also intends to monitor the financial performance of distribution companies during this period to avoid any supply disruptions.
This development aligns with the government’s broader efforts to support economic recovery through cost-effective measures. In recent months, several initiatives have been introduced to improve the energy supply chain and enhance security in industrial regions. For instance, the federal government recently approved bulletproof vehicles for Balochistan to strengthen law enforcement operations and ensure a safer business environment a move that complements industrial stability across provinces.
Analysts say that by combining energy reforms with security and economic measures, the government aims to create a more resilient foundation for growth.
If successfully implemented, the power tariff cut for agriculture and industry could bring significant relief to producers, lower inflationary pressures, and improve Pakistan’s overall economic outlook. The official announcement of the package is expected soon after final cabinet consultations.
