Nepra slaps Rs10m fine on National Grid Company

Published
1
In this file photo, the Natio­nal Electric Power Regula­tory Authority (Nepra) logo is visible on the side of the building. — APP/File
In this file photo, the Natio­nal Electric Power Regula­tory Authority (Nepra) logo is visible on the side of the building. — APP/File

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday imposed a fine of Rs10 million on the National Grid Company (NGC), formerly known as the National Transmission and Despatch Company (NTDC), for its continued failure to provide critical data regarding the Integrated System Plan (ISP) 2024-34, despite clear regulatory orders over the past year.

In its detailed order, Nepra stated it was “of the considered opinion” that NGC had failed to meet its regulatory obligations. The company, it added, had not responded adequately to a show-cause notice issued by the regulator. As a result, Nepra decided to impose the Rs10m fine following legal proceedings.

The order also pointed out that NGC had not only ignored the regulatory instructions but had claimed it was not provided with a specific deadline to submit the relevant data. This issue had arisen during public hearings and consultations on the 10-year generation and transmission expansion plan held in August 2024. Nepra highlighted that the base case of the Indicative Generation Capacity Expansion Plan (IGCEP 2024) featured a low system load factor of just 60 per cent, and directed NGC to revise the plan by raising the load factor to 70pc. Despite repeated reminders and follow-ups, NGC failed to submit the requested addendum.

In response, Nepra initiated legal proceedings against NGC in December 2024, demanding an explanation for its failure to comply. The company claimed that the proposed addendum to IGCEP 2024 was under review by several forums, including the Power Division of the Ministry of Energy, the Special Investment Facilitation Council (SIFC), and the Prime Minister’s office. NGC also cited significant revisions to project costs and load forecasts as reasons for delays.

Regulator imposes fine for failing to provide key data for ISP

However, Nepra argued that NGC had not communicated these issues effectively or responded to the regulator’s queries, disregarding the integrity of the regulatory process. The authority stressed that a timeline for submission had been clearly outlined in the relevant documents, which NGC had failed to follow, thus undermining the entire planning cycle.Despite NGC’s assertions that no specific timeline was provided, Nepra found this claim to be inconsistent with the facts, as evidenced by multiple communications with the company. NGC representatives did admit that the delays were their fault but insisted they had not intentionally disregarded Nepra’s directions.

However, Nepra concluded that the delays were a wilful default and imposed the fine as a corrective measure.

Published in Dawn, February 7th, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

After the talks
Updated 05 Oct, 2026

After the talks

Considering how close they came to a solution, govt and opposition teams should reconvene to give the talks another chance.
Child safety online
05 Oct, 2026

Child safety online

PAKISTANI children are spending more of their lives online, but the safeguards around them are not keeping pace. A...
Rising public debt
05 Oct, 2026

Rising public debt

PAKISTAN’S public debt has surged by 76pc to Rs86.7tr in four years, according to a new government report. Though...
Yemen offensive
Updated 04 Oct, 2026

Yemen offensive

The best option, therefore, is for Muslim and Arab states to help restore the Saudi-Houthi ceasefire.
Growth transition
04 Oct, 2026

Growth transition

PRIME Minister Shehbaz Sharif’s recent call to move from stabilisation to growth, job creation and export ...
Protection at risk
04 Oct, 2026

Protection at risk

THE recent warning from UNHCR should alarm donor governments. Nearly 8.3m refugees and other forcibly displaced...