Nepra okays $58bn 11-year power plan amid reservations
ISLAMABAD: In a controversial decision, the National Electric Power Regulatory Authority (Nepra) on Friday approved the contentious Integrated System Plan (ISP) 2025, entailing a total investment of about $58 billion in the power generation and transmission sectors over 11 years. In a 45-page decision conditionally approving the 11-year (2025-35) planning document, all three members, including…
The National Electric Power Regulatory Authority (Nepra) controversially approved the Integrated System Plan (ISP) 2025 on Friday, approving a $58 billion investment in power generation and transmission over 11 years. All three members of Nepra, along with the chairman, wrote dissenting notes questioning the plan's inclusion and exclusion of projects and bypassing the Council of Common Interests (CCI).
ISP-2025 superseded earlier plans and considered three demand growth scenarios, ultimately adopting a low-growth business-as-usual scenario with 6.37% GDP growth. The plan envisions adding 26,045MW of capacity, including 8,120MW from net metering, at an estimated cost of $47.08 billion. Transmission projects require an additional $10.65 billion in investments.
Nepra also expressed dissatisfaction with the involvement of the Independent System and Market Operator (ISMO) and Power Planning and Monitoring Company (PPMC) in the decision-making process, particularly regarding consumer tariffs, and directed for proper quantification of these impacts in the main ISP report.
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