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Pakistan has formally requested an additional $300 million from the World Bank to cover cost escalation on the 1,410 MW Tarbela 5th Hydropower Project. The request is the second top-up under the existing Tarbela 4th Extension Hydropower Project loan, the parent facility through which the Bank is funding the broader Tarbela Dam expansion.
NEPRA's tariff and finance member Amina Ahmed has filed a dissenting note against the regulator's 2-1 majority approval of Rs332 billion in revenue for the National Grid Company covering FY2022-23 to FY2024-25. Her key objection challenges the accounting treatment of over Rs19 billion in CPPA liabilities, which she argues was incorrectly reclassified as a loan, distorting NGC's equity base and the permissible return allowed to the company.
The World Bank has approved $375.9 million in financing for Pakistan's Grid Stability Enhancement Project, the first phase of a 10-year programme to modernise the national transmission network and cut power outages. The project will unlock 640MW of currently curtailed wind energy and enable the full use of 1,840MW of southern Pakistan's wind capacity, aiming to structurally reduce fuel costs on household electricity bills.
Pakistan is on course to add 2,800 MW of new power generation capacity in FY 2025-26, and roughly 2,633 MW of that — more than 94 percent — is coming from rooftop solar net metering rather than conventional plants. Total installed capacity is expected to reach 44,626 MW.
Pakistan has finalised a Technical Allowance for engineers in NEPRA, NTDC, the Discos, and other power-sector bodies — a workforce reform aimed at slowing the brain drain to Gulf employers.
Pakistan's electrical engineering firms — switchgear, transformers, cabling — collectively hold over Rs. 240 billion in active power-sector contracts, employing 95,000 directly across the industry.
PM Shehbaz has directed reallocation of the Rs. 1.5 trillion PSDP toward well-performing ministries — a category that increasingly favours transmission, grid modernisation, and renewable integration projects.