The decision comes as part of the government’s ‘Peak Relief Strategy’, which is designed to mitigate the impact of rising electricity prices. The Power Division has indicated that K-Electric and Hesco will be excluded from this load shedding plan due to their lower reliance on furnace oil, which has been a significant factor in the current energy crisis.

According to the Power Division, the load shedding is a necessary measure to prevent a potential increase of Rs1.5 per unit in electricity prices, which could occur due to the reliance on expensive fuels. The government has already managed to reduce electricity prices by 71 paisa per unit between July and February, despite the ongoing challenges posed by rising fuel costs.

In an effort to support consumers, the government has provided relief worth Rs46 billion during the same period. However, officials have warned that without effective load management, electricity prices could rise by as much as Rs3 per unit. To help control these costs, 80 MMCFD of local gas has been supplied to power plants.

The load shedding will be strictly managed, with no unscheduled outages allowed. Consumers will be informed of any local faults to ensure transparency and minimize inconvenience. The situation is being monitored directly under the supervision of the Prime Minister, who has emphasized the need for careful management during peak hours.

“The purpose of this load management is to reduce the use of expensive fuel and prevent a rise in electricity prices,” a spokesperson from the Power Division stated. They further noted, “This step can prevent an increase of approximately Rs3 per unit.” The spokesperson acknowledged that the biggest challenge lies in managing the significant increase in electricity demand during peak hours.

This load shedding plan comes amid a global energy crisis exacerbated by geopolitical tensions, particularly the closure of the Strait of Hormuz involving Iran and Israel. As the government navigates these challenges, it remains committed to keeping electricity prices under control, despite the pressures from international markets.

As the situation develops, the government’s approach will be closely watched by consumers and industry stakeholders alike, with hopes that the measures will effectively stabilize electricity prices while ensuring a reliable power supply during peak demand periods.

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