Wednesday, October 6, 2010

Rs18 bn paid for only 90 MW electricity: Justice Ramday

ISLAMABAD: Chief Justice of Pakistan Justice Iftikhar Muhamamd Chaudhry Wednesday hearing a case on alleged corruption in Rental Power Plants said in his remarks that the government cannot go ahead with an agreement that is impractical while Justice Khalil-ur-Rehman Ramday expressed his shock saying ‘how strange it is that only 90 MW electricity was obtained after making payments amounting to Rs18 billion’.

Member National Assembly Faisal Salah Hayat presented before the apex court documents in connection with alleged corruption for executing the projects of Rental Power Plants (RPPs).
He said trumped up figures of power shortfall were highlighted for acquisition of rental power projects against which, he said, 55 million dollars were paid in advance although the project’s actual worth is 25 million dollars.
Faisal further stressed the report of Asian Development Bank (ADB) on rental power projects, is a charge sheet against the government, adding the report uncovers several violations.

He requested the court to ask National Electric Power Regulatory Authority (Nepra) as to what procedure it follows to arrive at power tariffs.