PAKISTAN Law and Practice Contributed by: Nadir Altaf and Muhammad Fahim Khan, RIAA Barker Gillette
ment-owned companies – namely, the National Power Parks Management Company (Private) Limited (which set up the Balloki and Haveli Bahadur Shah projects), Quaid-e-Azam Ther- mal Power (Private) Limited, and Punjab Thermal Power (Private) Limited. Additionally, a number of nuclear power plants are owned and operated by the Pakistan Atomic Energy Commission. Private The private sector has established a number of fossil-fuel power projects (residual furnace oil (RFO), high speed diesel (HSD), pipeline quality gas, reservoir-based gas, RLNG, imported coal, indigenous coal and cogeneration) and renew- able energy projects (wind, solar and biomass/ bagasse) pursuant to various government pow- er policies. Some of the largest foreign inves- tors in the private power sector include China Three Gorges, Power China, Hydrochina, China Gezhouba, Engie (French), K-Water (Korean), whereas the largest local investors include Engro, Hubco and Yunus Brothers. K-Electric Limited also owns and maintains a portfolio of power projects, including the Bin Qasim Power Complex, the Korangi Power Sta- tion, the Site Gas Power Station and the Korangi Town Power Station. Additionally, a number of captive private power projects have also been set up by the owners of factories and other commercial establishments to meet their electric power requirements. Transmission Entities State-owned The national grid of Pakistan is owned and man- aged by the NTDC, a state-owned company. The NTDC is currently licensed as the national grid company and only one licence of this nature is granted at a time.
The NPCC, the previous system operator, which was responsible for controlling the supply of electric power generated by all power produc- ers connected to the national grid, is a part of the NTDC. This department has been spun off as a separate company by the name of ISMO which is now licensed as a system operator. The PGCs are owned by the respective provin- cial governments and include: • Sindh Transmission and Dispatch Company (Private) Limited; • Khyber Pakhtunkhwa Transmission and Grid System Company (Private) Limited; and • The Punjab Grid Company Limited. Private Some privately owned transmission companies are: • K-Electric Limited – although primarily a distribution company, it also has the right to provide transmission services within its ser- vice territory, which is excluded from NTDC’s service territory (see 4.5 Monopoly Rights to Provide Transmission Services ); • Pak Matiari-Lahore Transmission Company (Private) Limited; and • Fatima Transmission Company Limited. These companies have special purpose trans- mission licences that were issued pursuant to Section 19 of the NEPRA Act. These licences only permit the licensee to engage in the con- struction, ownership, maintenance and opera- tion of specified transmission facilities. Distribution Entities State-owned The majority of DISCOs in Pakistan are state- owned entities with the right to carry out dis-
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