An Act to Provide for the Regulation of Generation, Transmission and Distribution of Electric Power.

The primary focus of the Regulation is to establish a regulatory framework for the electric power sector in Pakistan. The document aims to ensure the efficient provision of electric power services, promote competition, and protect consumer interests. It explicitly mentions the establishment of the National Electric Power Regulatory Authority (NEPRA) as a key legal entity responsible for regulating the sector, granting licenses, and ensuring compliance with industry standards and codes of conduct. The document includes the specification of industry standards for safety, reliability, and cost effectiveness in electric power generation, transmission, and distribution. The Authority is tasked with determining uniform tariffs for distribution licensees and ensuring that tariffs reflect the full cost of service while promoting continued investment in the sector. The implementation plan involves the Authority maintaining accurate accounts, conducting annual audits, and submitting reports to the Council of Common Interests and the Federal Government. The text consists of 51 Articles.