Roshan Economy Power Package
Prime Minister Shahbaz Sharif has officially announced the Roshan Economy Power Package, a major step toward supporting Pakistan’s industrial and agricultural development.
The new initiative aims to supply additional electricity at concessional rates for the next three years, ending in October 2028. The announcement was made during a meeting with economic experts, industrialists, and representatives from the agricultural sector.
The Roshan Economy Power Package has been introduced to lower production costs, encourage business expansion, and strengthen the national economy.
Objectives of the Roshan Economy Power Package
The key goal of the Roshan Economy Power Package is to help industries and farmers gain access to affordable electricity. By reducing power costs, the government intends to make production more efficient and exports more competitive.
This initiative is designed to:
- Boost industrial productivity.
- Enhance agricultural output.
- Create new employment opportunities.
- Support economic recovery and growth after challenging years of financial instability.
Prime Minister Shahbaz Sharif highlighted that a strong industrial and agricultural foundation is essential for sustainable economic progress and job creation.
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Key Features of the Package
Under the Roshan Economy Power Package, both the industrial and agricultural sectors will receive electricity at a reduced rate of Rs 22.98 per unit for the next three years.
Previously, industries were paying Rs 34 per unit, and farmers were paying Rs 38 per unit. This significant reduction will make a major difference in lowering operational costs for businesses and agricultural producers.
Importantly, the Prime Minister assured that the cost of this concessional electricity will not be transferred to domestic consumers or any other sector. This means ordinary households will not face higher electricity bills because of the package.
Government’s Vision and Economic Impact
Prime Minister Shahbaz Sharif described the Roshan Economy Power Package as an important step toward economic revival and stability. He appreciated Energy Minister Owais Leghari and his team for their dedication in preparing this initiative.
The government’s vision is to create a business-friendly environment that encourages investment and supports growth in local industries.
Expected benefits include:
- Revival of inactive industries through affordable energy access.
- Increased agricultural productivity due to reduced input costs.
- Higher export potential as production becomes more cost-effective.
- Job creation across multiple sectors of the economy.
The Prime Minister emphasized that strengthening the industrial and agricultural sectors is essential for achieving economic self-reliance and long-term prosperity.
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Results of the Previous Year’s Package
During the previous electricity support package, the industrial and agricultural sectors consumed 410 GW of additional electricity. This increase led to remarkable outcomes such as the revival of several industries, growth in exports, and new employment opportunities for thousands of workers.
The success of the earlier initiative encouraged the government to introduce the Roshan Economy Power Package, expanding its benefits and duration for the next three years.
This progress demonstrates how affordable energy can become a powerful tool for stimulating economic activity and ensuring sustainable growth.
Conclusion
The Roshan Economy Electricity Package represents a forward-looking initiative by the government of Prime Minister Shahbaz Sharif. By offering concessional electricity rates to industries and farmers, the plan aims to reduce production costs, enhance competitiveness, and promote inclusive economic growth.
This three-year package will play a crucial role in reviving Pakistan’s economy, supporting business expansion, and ensuring energy affordability for the sectors that drive national development.
With strong government commitment, cooperation from the business community, and effective implementation, the Roshan Economy Electricity Package could mark a major milestone in Pakistan’s journey toward economic stability and prosperity.
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