Pakistan slashes power tariff by Rs1.14 per unit in fuel price adjustment

In this file photo, taken on November 7, 2018, a Pakistani employee of the state-run Islamabad Electric Supply Company (IESCO), takes a meter reading with his smartphone at a commercial building in Islamabad. (AFP/File)
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Updated 07 December 2024
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Pakistan slashes power tariff by Rs1.14 per unit in fuel price adjustment

  • Price reduction will be applied to electricity bills of December 2024, says state-run media 
  • Move likely to bring relief to businesses, citizens reeling from steep increases in electricity tariffs

KARACHI: Pakistan’s National Electric Power Regulatory Authority (NEPRA) has slashed the power tariff by Rs1.14 per unit as a fuel price adjustment measure, state-run media reported on Saturday, with the move likely to further ease inflation in the country. 

The decision is expected to provide relief to businesses and citizens, who have suffered from steep and sudden increases in electricity tariffs following energy sector reforms suggested by the International Monetary Fund (IMF).

According to the Pakistan Bureau of Statistics, electricity charges had increased by 58.8% until May this year.

“According to a statement issued by the Power Division, NEPRA has once again reduced electricity prices by Rs1.14 per unit on account of fuel adjustment,” state broadcaster Radio Pakistan said. 

“The price reduction will be applied to the bills of December.”

The state media said electricity prices would continue to decrease because of the government’s prudent measures.

Meanwhile, Energy Minister Awais Ahmed Khan Leghari said in a statement the government was determined to make electricity more affordable for the people.

Pakistan produces expensive electricity due to a combination of factors including high reliance on imported fossil fuels, inefficient energy mix, substantial transmission and distribution losses and chronic issues like circular debt and regulatory inefficiencies. 

The outdated infrastructure and inadequate power plants further exacerbate costs, while underutilization of domestic resources such as hydropower and coal add to the problem.

Additionally, fluctuations in foreign exchange rates and complex tariff structures contribute to higher electricity prices. High power cost is one of the key factors that lead to spiraling inflation in the country.


Pakistan says militants attempted drone attacks inside its territory, Afghanistan says carried out airstrikes

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Pakistan says militants attempted drone attacks inside its territory, Afghanistan says carried out airstrikes

  • Islamabad says anti-drone systems intercepted devices in three cities
  • Kabul says it carried out airstrikes in Pakistan after earlier strikes in Afghanistan

ISLAMABAD: Pakistan on Friday said militants attempted to launch small drones inside its territory, while Afghanistan’s ministry of defense claimed it had carried out retaliatory airstrikes in “various areas of Pakistan,” marking a sharp escalation in cross-border hostilities between the bitter neighbors.

The developments follow Pakistani airstrikes earlier this week targeting what Islamabad said were Tehreek-e-Taliban Pakistan (TTP) and Daesh militant camps inside Afghanistan. Pakistan said those strikes killed more than 100 militants, while Kabul said women and children were killed and condemned the attacks as violations of Afghan sovereignty.

On Thursday night, Afghanistan’s Taliban authorities said they had launched “large-scale offensive operations” against Pakistani military bases and installations, prompting Pakistan to say its forces were responding to what it described as unprovoked fire along the shared border. 

Pakistan’s Information Minister Attaullah Tarar said on Friday afternoon militants had attempted drone activity inside three Pakistani cities.

“Fitna al khawarij [TTP] terrorists have attempted to launch small drones in Abbottabad, Swabi and Nowshera. Anti Drone Systems have brought down all the drones. No damage to life,” Tarar said.

“The incidents have again exposed direct linkages between Afghan Taliban Regime and Terrorism in Pakistan.”

Afghanistan’s Ministry of National Defense, in an X statement, said it carried out airstrikes inside Pakistan.

“The Ministry of National Defense of Afghanistan today, before noon, at around eleven o’clock local time, carried out airstrikes in various areas of Pakistan,” the statement said.

“These attacks were carried out in response to last night’s aerial incursions by Pakistani forces in Kabul, Kandahar, and Paktia.”

Pakistan has not confirmed any damage from the Afghan claim.

Earlier Friday, the Pakistani prime minister’s spokesman Mosharraf Zaidi said counter-strikes were continuing after what Islamabad described as unprovoked Afghan fire along the border.

“A total of 133 Afghan Taliban are confirmed killed, more than 200 wounded,” Zaidi said in an X update. “Twenty seven (27) Afghan Taliban posts have been destroyed, and nine (9) have been captured.”

On the Afghan side, the defense ministry claimed 55 Pakistani soldiers were killed and that two garrisons and 19 posts were captured. Pakistani officials denied losing any posts. None of the casualty figures or battlefield claims from either side could be independently verified.

Amid the escalating rhetoric, Pakistan’s State Minister for Interior Talal Chaudhry urged Afghanistan’s Taliban leadership to change its approach.

“They must behave like a state, not like a guerrilla force,” Chaudhry told reporters in Islamabad. “Until their behavior changes, we will adopt every possible option to make it change.”

Chaudhry said the United Nations had confirmed that over two dozen militant groups operate from Afghan territory and added that brotherly countries “do not send militants who slaughter our youth, attack school buses carrying children, or make places of worship and innocent women unsafe.”

Cross-border violence has intensified in recent weeks, with Pakistan blaming a surge in suicide bombings and militant attacks on insurgents it says are based in Afghanistan. Kabul denies providing safe havens to anti-Pakistan militant groups.

The latest clashes mark the third major escalation between the neighbors in less than a year. Several regional countries, including China, Russia, Saudi Arabia and Iran, have urged restraint as operations on both sides continued Friday.

The confrontation unfolds against a backdrop of growing friction over Afghanistan’s regional alignments. Pakistan has repeatedly accused the Taliban authorities of allowing Indian influence to expand in Afghanistan, an allegation Kabul has rejected.

Pakistan’s defense minister Khawaja Asif earlier said the Taliban government had turned Afghanistan into “a colony of India.”

Islamabad has long accused India of using Afghan territory to support anti-Pakistan militant groups, a charge New Delhi denies.