Evaluation of Regulatory Governance of the National Electric Power Sector of Pakistan

This study will try to evaluate the regulatory governance of National Electric Power Regulatory Authority (NEPRA). The authority was formed in 1997 overcome inefficiencies Water and Development (WAPDA) Karachi Supply Corporation (KESC) (now K-electric) improve power sector through good regulations. Moreover, it supposed protect interests consumers, investors, operators equally its autonomy, professionalism, transparency, credibility. Furthermore, must grant licenses, determine tariffs rates, ensure quality service, provide a feasible environment for privatization, redress complaints electricity consumers. incorporates both qualitative quantitative techniques. That is why, even after 23 years, has not yet issues industry. found that lack specialists, openness accountability handicapped government. tried highlight those problems which hinder progress NEPRA suggested some policy recommendations improvement by granting enhancing complaint readdress mechanism, inclusive decision-making. highlighted most ignored prospects energy regulations, been missing long time,