The federal cabinet on Wednesday postponed the approval of the solar net metering policy, well-informed sources told ProPakistani.
The cabinet meeting today was chaired by Prime Minister Shahbaz Sharif. Later, the Premier ordered the Power Division to review it.
Sources said several cabinet members, including the prime minister, expressed dissatisfaction with the proposed policy. As a result, the cabinet decided to return the policy to the Power Division for further revisions.
The federal government recently decided to amend the policy to lower net metering rates with the excuse that it was putting pressure on grid consumers.
Now postponed, the federal government was going to revise the buyback tariff from Rs. 27 per unit to Rs. 8-9 per unit for solar users to ensure that all electricity consumers share the costs equitably.
The premier also lauded Pakistan’s successful staff-level agreement with the International Monetary Fund (IMF). He highlighted that the review of the first phase of the $7 billion Extended Fund Facility has been completed, and the IMF has approved an additional $1.3 billion to support climate change initiatives.
The Prime Minister stated that the IMF’s recognition of Pakistan’s macroeconomic stability, declining inflation—now at its lowest since 2015—and governance reforms reflects confidence in the country’s economic direction. He credited Finance Minister Muhammad Aurangzeb and the economic team for their efforts in securing the agreements, which he said would aid in stabilizing the economy through structural reforms, tax enhancements, and private sector development.
The cabinet also approved a reduction in electricity prices using savings from lowered petroleum prices. It also approved agreements between the Central Power Purchasing Agency (CPPA) and bagasse-fired power plants under revised terms.
Additionally, the cabinet gave in-principle approval to the Whistleblower Protection and Vigilance Commission Act, 2025, aiming to strengthen transparency and accountability. Amendments to tax regulations within the Islamabad Capital Territory were also sanctioned under the Resource Mobilization and Utilization Reform Program, following earlier reforms in 2023 and 2024.
The cabinet further approved the Income Tax (Second Amendment) Bill, 2025, reinstating tax rebates for full-time teachers and researchers. It ratified decisions from the Cabinet Committee on Privatization (March 11, 2025) and the Economic Coordination Committee (March 13 and 21, 2025). However, it deferred the approval of Solar Net Metering Regulations, opting for broader stakeholder consultations before finalizing recommendations.
Prime Minister Shehbaz Sharif emphasized that Pakistan’s economic policies are aimed at long-term stability and sustainable growth, urging national unity in the pursuit of prosperity.
Sorry to say that we have become experts in begging and getting loans. We as a nation have become shameless. How can this government which does not really represent the Pakistanis taking such huge loans on our behalf. It is we and generations after us who will be paying back this loan. It is food for thought for our religious leaders if anyone can acquire loan on our behalf without our consent. .
8, 9 ruppee or 10 rupee? make up your mind already.
Is not even 27 . It’s 19 rs
it will happen if the people with real power agree .
Never knew there is a difference between the government and the cabinet…
Govt is cabinet . Power division just wants more taxes
Haha what a jokes we are hearing everyday.
And again . Solar consumers DON’T consume grid but produce their own
And give away the excess to the govt. They should not be paying for things THEY DON’T USE.
Allah SWT made sun a source of energy. When our own leaders were giving us gift of power cuts and load shedding. It was the sun that allowed us to use its power. It’s like the trees giving us free oxygen.
The clouds giving us free water.
But the govt wants to tax the sun the plants and the clouds.
Such a shame.
PM taking interest in this just because solar business is totally related to humza shahbaz, otherwise it would not their cup of tea.
The remaining development n completion work apartment project of high rise buildings of federal government eg style residency at sector G 13/1 Islamabad is still stand despite time of nine years ha e already been elapsed . The deadline for handing over the same to the allottees was in year 2020. The federal government is paying no heed towards it’s completion n accomplishment so far. We are requesting the worthy federal minister of housing n work to inter ene into the matter n redress our issues regarding this . All our hard earned money has been dumped in this project for the sack of our future generation. Thanks
asim muneer didnt agree to it because he also got a new solar system.