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Officials to get NAB’s nod to clear 40pc dues of 12 IPPs
National
May 20, 2021
ISLAMABAD: After the federal cabinet here on Tuesday accorded approval to the amount of Rs89.86 billion to be doled out to 35 IPPs out of 47 as the first installment, the top officials of the government have started working to offload 40 percent dues of the leftover 12 IPPs set up under the 2002 power policy which are facing NAB investigation for making alleged excess profits. Once it is done, it will make the revised contracts a success story.
To this effect, the top man of the PTI government would play a role to get a nod from the NAB in proper language acceptable to the top bureaucracy in both the Power and Finance Divisions for releasing the 40 percent dues to the remaining 12 IPPs.
Officials to get NAB’s nod to clear 40pc dues of 12 IPPs
National
May 19, 2021
ISLAMABAD: After the federal cabinet here on Tuesday accorded approval to the amount of Rs89.86 billion to be doled out to 35 IPPs out of 47 as the first installment, the top officials of the government have started working to offload 40 percent dues of the leftover 12 IPPs set up under the 2002 power policy which are facing NAB investigation for making alleged excess profits. Once it is done, it will make the revised contracts a success story.
To this effect, the top man of the PTI government would play a role to get a nod from the NAB in proper language acceptable to the top bureaucracy in both the Power and Finance Divisions for releasing the 40 percent dues to the remaining 12 IPPs.