On August 16, President of PML(N), Mian Muhammad Nawaz Sharif, along with the CM of Punjab, Maryam Nawaz Sharif, announced a significant reduction of 14-rupee per unit in electricity tariff. Talking of the details, he announced that this reduction will be applicable to those who are using upto 500 units a month. He said, we have taken out funding from other projects and put the money in this scheme. A staggering amount of 45 billion rupees have been alloted for that. This will be valid for two months.
He also announced that, the CM Punjab Solar Scheme will further help people to reduce their electricity bills.
Prime Minister, Shahbaz Sharif welcomed this moves. Saying, this is a great initiative by Party President and CM Punjab. He said that the government is taking steps to make people’s lives easier. After economic stabilization, the country is moving in the right direction. Public relief and reduction in inflation are the government’s top priority. Work is being done for a lasting solution to reduce electricity prices, and we are making every possible effort to lower electricity prices.