Energy Policy Timeline

International Financial Institutions and Aid agencies recognize the importance of developing renewable energy infrastructure in developing countries.

Ronald Reagan elected as the U.S. President. He removes subsidies and research funds for development in renewable energy.

Pakistan enters into an Extended Fund Facility with the IMF. Privatization and deregulation is one of the conditions in the facility.

The World Bank provides Pakistan with the first Energy Sector Loan, claiming deregulation is the key to efficiency despite growing debt burdens.

The World Bank creates the Private Sector Energy Development Programme for Pakistan, focusing on Independent Power Producers (IPPs).

HUBCO is established. The Bank claims this will attract Foreign Direct Investment (FDI), but IPPs struggle to generate long-term value.

The PSEDP II loan is established to fund additional IPP projects despite rising debt concerns.

NEPRA is established, but remains under significant Government control despite World Bank recommendations.

Pakistan's power demand does not grow as projected, leading to surplus capacity and financial inefficiencies.

The World Bank admits failures in the PSEDP program, acknowledging its role in increasing Pakistan’s debt burden.

Coal-based power generation in the Thar region.

Thar Coal

Energy

Dasu Dam

Water

Sindh Solar Project

Renewables

Chashma Right Bank Canal

Water