After unbundling of WAPDA, National Transmission and Dispatch Company NTDC was incorporated as a Public Limited Company on Nov 06, 1998, under the Companies Ordinance 1984 (now Companies Act 2017), with its Head Office at Lahore. After having a Certificate for Commencement of Business, NTDC started its commercial operations on March 01, 1999.
NEPRA granted Transmission License to NTDC in December 2002 to engage in the exclusive transmission business for a term of thirty (30) years.
The paid-up/share Capital of the company is Rs. 52.7 Billion (5.27 Billion ordinary shares of Rs. 10 each). GoP owns 88% of the shares whereas the employee owns 12%.
NTDC Ist tariff was determined by NEPRA in April 2004.