The government has finalized National Electricity Policy 2020

ISLAMABAD: The government has finalized National Electricity Policy 2020, which aims at "balanced development" of energy production, distribution and distribution through full cost recovery at all levels, and the gradual elimination of all imported fuel consumption.

The common interests for the approval of the draft policy will be presented in the next meeting of the Council, which also considers that "the energy obligations that the Department owes to the provinces and their departments are subject to the Department's budget and the NFC. It will be agreed to automatically adjust through the award. '

Under this policy, the National Electric Power Regulatory Authority (NEPRA) will ensure the liquidity of the power sector and facilitate projects for which the government may impose additional surcharges on the costs of distributing companies or electricity providers. Will be considered as

According to the documents, 'these additional charges can be classified in the category of stability, liquidity and commercial execution, consumer power purchase and uniform tariff policy'.

As a quick step, the Integrated Generation Capacity Expansion Plan (IGCEP) is the guiding document to be approved by the regulator and will be followed by a new transmission system expansion (TSEP) plan.

All stakeholders will follow on the IGCEP and TSEP, which will establish a one-window facility by the federal and provincial governments, and the projects will be updated on a yearly basis.