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Main Terminologies Used in Pakistan’s Energy Sector & Its Policies - A Complete Glossary

Pakistan's renewable energy sector policies outline important roles and responsibilities using industry-specific terminologies. Here is a complete glossary mentioned in power sector policies.

Find out all the important terms and words used in Pakistan’s energy sector and its policies. Here is a complete glossary list for electricity consumers.

AEDB - The Alternative Energy Development Board 

AEDB Act - The Alternative Energy Development Board Act, 2010

ARE - Alternative And Renewable Energy

ARE Policy 2019 - The Current Alternative and Renewable Energy Policy Approved in 2019

AREP - A Project For Electricity Generation Using ARETs

ARET - Alternative And Renewable Energy Technology 

B2B - Business-To-Business

CYREPP - Current Fiscal Year RE Procurement Plan (1st July to 30th June) 

DISCOs - The Ten (10) Federally Owned Distribution Companies 

EDB - Engineering Development Board

EPA - Energy Purchase Agreement

FBR - Federal Board of Revenue 

FPUs - Federally-Owned Public Power Utilities

GOP - The Federal Government of the Islamic Republic of Pakistan

IA - Implementation Agreement

IGCEP - The Indicative Generation Capacity Expansion Plan 

IPPs - Independent Power Producers

IRN - Interconnection Ready Nodes, being the nodes on the transmission system where the NGC confirms its readiness to deploy the required transmission capacity and interconnection within the timeframes envisaged for commercial operations of AREPs in the upcoming auctions  

K Electric - K-Electric Limited Company

LESs - Localized Energy Systems

LMM - Locally Manufactured Machinery

Market Operator - The company licensed as a ‘market operator’ by NEPRA, currently being the Central Power Purchasing Agency (Guarantee) Limited (CPPA-G)

Mature Technology - An ARET for which such number of AREPs are under construction or operation in the country as determined by AEDB on recommendation of the Steering Committee

MG - Mini / Micro Grid

NEP - National Electricity Policy  

NEPRA - National Electric Power Regulatory Authority

New Technology - An ARET other than mature technology. For the avoidance of doubt, new technology does not include a hybrid AREP of mature technologies. 

NGC - The National Grid Company licensed by NEPRA, currently being the National Transmission & Dispatch Company Limited (NTDC)

PSP - Power System Planning, a licensed function carried out by NGC 

RE -  Renewable Energy

REPA - Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997

REPA Amendment 2018 - Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Act, 2018

RE Policy 2006 - Policy for Development of Renewable Energy for Power Generation, 2006

RFP - Request For Proposals (bids)

SECP - The Securities and Exchange Commission of Pakistan

SO - System Operator, a licensed function under REPA

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