NEPRA Questions Key Aspects of Proposed Power Generation Plan 2025-35

The National Electric Power Regulatory Authority has raised substantive questions about the proposed Indicative Generation Capacity Expansion Plan for 2025 to 2035, signalling that the regulator has concerns about the feasibility, cost assumptions, and planning methodology underlying the government's ten-year power generation roadmap. NEPRA's scrutiny of the IGCEP is part of its regulatory mandate to ensure that capacity addition plans are economically sound, demand-aligned, and do not create additional fiscal pressure through unnecessary or poorly structured power purchase agreements. The regulator's questions are expected to focus on projected demand growth assumptions, the balance between renewable and thermal capacity additions, and the contractual structures governing new power plant agreements. Pakistan's power sector has been burdened by substantial excess capacity under existing take-or-pay arrangements, and NEPRA has consistently flagged the danger of compounding those liabilities through poorly calibrated new additions. The IGCEP is a critical planning document that guides investment decisions across the electricity generation sector and informs tariff structures for the coming decade. NEPRA's public questioning of the plan is likely to delay its formal adoption and may require the Power Division to revise key assumptions before the plan can receive regulatory clearance.