The National Transmission & Despatch Company (NTDC), a state-owned corporation began commercial operations in late 1998. It took over all properties, rights and assets, obligations, and liabilities of the 220 kilovolt (kV) and 500 kV grid stations and transmission lines and/or network owned by the Pakistan Water and Power Development Authority (WAPDA). The National Electric Power Regulatory Authority (NEPRA) regulates NTDC’s tariff. NTDC’s investment needs to overcome existing capacity constraints was estimated to be $3.9 billion during the 10-year period of FY2007–FY2016.
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