Power tariff in Pakistan has lowered significantly over the past five years and the tariff has dwindled from Rs16-18 per unit to Rs 7-8 per unit, thanks to the Supercritical Coal-Fired Power Plants installed under the China-Pakistan Economic Corridor (CPEC).
Documents available suggest that National Electric Power Regulatory Authority (NEPRA) has also lowered its power tariff as the coal plants have done a significant service to the energy-starved Pakistani energy market and the coal-based power plants are now providing affordable energy to Pakistani consumers in a diversified way.
With the introduction of CPEC energy projects, Pakistan has added 3240 MWs to the national grid, amounting to more than 11 per cent of the total installed capacity of 29,000 MWs in Pakistan.
These projects also have helped Pakistan reduce its heavy dependence on gas and LNG power plants, which account for 50 per cent of total installed capacity. Moreover, Pakistan’s foreign exchange has been saved in this regard.