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FIA asked to probe Rs80bn misappropriation in Nandipur power project

FIA asked to probe Rs80bn misappropriation in Nandipur power project

ISLAMABAD: Power Division Minister Omar Ayub Khan has said that the previous government had signed expensive energy agreements to generate costly electricity to fill its pockets and ignored refurbishing of the transmission lines.

Talking to the media persons along with Special Assistant of the Prime Minister on Petroleum Division Nadeem Babar, Omar Ayub said that due to efforts of the PTI government, additional 4,275 megawatts of electricity were transmitted in the last two years.

He said that a misappropriation of Rs80 billion has been detected in Nandipur Power project, adding the Federal Investigation Agency (FIA) has been asked to investigate into this matter.

The minister said the government has spent around Rs47 billion to revamp power transmission system, which was grossly ignored by the previous regimes. He said the PML-N government shifted 70pc of power generation on imported fuel, which enhanced the cost of the electricity in Pakistan.

“Now the PTI government is renegotiating expensive agreements with Independent Power Producers (IPPs) to improve the power sector,” he stated. “Some of the PML-N leaders are misguiding the people by presenting false statistics.”

Nadeem Babar said the PML-N government established LNG terminals, but did not build storage. He said the PTI government is working on construction of North South gas pipeline as well as storage facilities at the LNG terminals. He said the government has invited the private sector for setting up of LNG terminals in the country.