Jaikwadi Dam or the Nath Sagar is located near Paithan, which lies about 50 km from Aurangabad. The Jaikwadi Dam is built on river Godavari and is located about 110 km away from Ahmednagar. The Jaikwadi Dam covers an area of about 1300 km².

The Jaikwadi Dam supplies water to Aurangabad City and generates ample hydroelectric power. The power station is at the foot of dam that is generating around 12 MW power with reversible type generator installed. The generator of Jaikwadi Dam is from the FUJI company of Japan.

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