ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday scrutinised a petition from the Water and Power Development Authority (Wapda) seeking an over 80 per cent increase in its bulk generation tariff. At the hearing, chaired by Nepra’s KP member Maqsood Anwar Khan, Wapda officials said their base revenue requirement for FY26 stood at Rs179 billion, compared to Rs96.93bn approved in FY23, raising the base tariff from Rs3.10 to Rs5.67 per unit — up 83pc. However, pending claims from previous years lifted the FY26 revenue requirement to Rs318.5bn, while…
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AGP Uncovers 126 Cases of Irregularities in Wapda Projects
ISLAMABAD: The Auditor General of Pakistan (AGP) has identified 126 cases of financial malfeasance in Water and Power Development Authority (Wapda) projects during the audit of financial year 2023-24, exposing massive lapses in procurement, contract, and financial management. According to the compliance audit report, irregularities worth billions were detected across 38 formations of the Ministry of Water Resources (MoWR) and its entities. Key findings included: irregularities in procurement management of Rs17.6bn, contract mismanagement of Rs67.8bn, financial management issues of Rs280.9bn, and other discrepancies totaling Rs106.4bn. In total, recovery of Rs9.58bn…
Read MoreChairman WAPDA briefed about water, power projects
Says on time completion of under construction projects,fast-track restoration of NJHP foremost priority August 6, 2025: Chairman WAPDA Lt Gen Muhammad Saeed (Retd) presided over a meeting today at WAPDA House. During the meeting, the Chairman was briefed about WAPDA’s mandate, the mega projects it has executed in water and power sectors since its inception, the role it has been playing in socio-economic development of the country, and the progress on under-construction projects. Members of the Authority, General Managers and other senior officers attended the meeting. Speaking on the occasion,…
Read MoreIf attempt is made to stop Pakistan’s water, military option will be open”: WAPDA Chairman
WAPDA Chairman Lieutenant General (Retd) Sajjad Ghani has stated that if India attempts to stop Pakistan’s water, the military option will be open. Speaking in Karachi, he emphasized that Pakistan will fully defend its water rights and considers stopping water an act of war. He added that India has limited capability to stop water on the Chenab and Indus rivers and would require significant capacity and time to do so. Ghani stressed that Pakistan will thwart India’s intentions and if an attempt is made to stop Pakistan’s water, the military…
Read MorePM Approves \$17 Billion Power Sector Overhaul with 10-Year Roadmap
ISLAMABAD: Prime Minister Shehbaz Sharif has approved the Integrated Generation Capacity Expansion Plan (IGCEP) 2024–34, a transformative 10-year roadmap for Pakistan’s power sector aimed at cutting electricity costs, eliminating circular debt, and boosting transparency and efficiency. The newly approved plan targets \$17 billion in savings through the *rescheduling and cancellation of 7,967 MW of previously planned projects. Officials estimate a reduction in national economic burden by *Rs 474.3 billion and overall savings of Rs 2,790 billion (\$10 billion) through revised timelines. An additional Rs 1,953 billion (\$7 billion) is expected…
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