AIRLINK 72.80 Increased By ▲ 0.62 (0.86%)
BOP 5.06 Increased By ▲ 0.13 (2.64%)
CNERGY 4.33 Decreased By ▼ -0.02 (-0.46%)
DFML 30.52 Increased By ▲ 2.03 (7.13%)
DGKC 85.95 Increased By ▲ 4.65 (5.72%)
FCCL 22.35 Increased By ▲ 0.85 (3.95%)
FFBL 33.22 Increased By ▲ 0.17 (0.51%)
FFL 9.78 Decreased By ▼ -0.08 (-0.81%)
GGL 10.40 Decreased By ▼ -0.08 (-0.76%)
HBL 113.62 Decreased By ▼ -0.38 (-0.33%)
HUBC 136.20 Decreased By ▼ -3.80 (-2.71%)
HUMNL 10.03 Increased By ▲ 1.00 (11.07%)
KEL 4.66 Decreased By ▼ -0.07 (-1.48%)
KOSM 4.40 Increased By ▲ 0.02 (0.46%)
MLCF 38.35 Increased By ▲ 0.70 (1.86%)
OGDC 133.40 Decreased By ▼ -0.30 (-0.22%)
PAEL 27.40 Increased By ▲ 1.80 (7.03%)
PIAA 24.76 Increased By ▲ 0.78 (3.25%)
PIBTL 6.55 Increased By ▲ 0.07 (1.08%)
PPL 121.21 Decreased By ▼ -1.41 (-1.15%)
PRL 27.15 Increased By ▲ 0.08 (0.3%)
PTC 13.89 Increased By ▲ 0.29 (2.13%)
SEARL 60.40 Increased By ▲ 3.78 (6.68%)
SNGP 68.53 Decreased By ▼ -0.71 (-1.03%)
SSGC 10.33 Decreased By ▼ -0.01 (-0.1%)
TELE 9.05 Increased By ▲ 0.60 (7.1%)
TPLP 11.26 Decreased By ▼ -0.02 (-0.18%)
TRG 65.70 Increased By ▲ 4.49 (7.34%)
UNITY 25.25 Decreased By ▼ -0.08 (-0.32%)
WTL 1.50 No Change ▼ 0.00 (0%)
BR100 7,608 Decreased By -22.2 (-0.29%)
BR30 25,091 Increased By 100.6 (0.4%)
KSE100 72,658 Increased By 56.2 (0.08%)
KSE30 23,383 Decreased By -155.9 (-0.66%)

ISLAMABAD: Chairman Senate Standing Committee on Power, Senator Saif Ullah Abro has sought minutes alongwith audio and video recording of the meeting of Procurement Committee of NTDC’s Board of Directors on the issue of contracts of 765 kV double circuit Dasu transmission line awarded to German consulting firm M/s GOPA and Chinese firm M/s Sinohydro.

The Procurement Committee of NTDC Board had been scheduled to meet on September 19, 2023 to probe whether contracts, which the World Bank claims were executed according to its rules, were transparent or there was any mis-procurement.

Chairman Standing Committee maintained that it was quite clear that NTDC had not adhered to instructions from the Lahore High Court, adding it was a blunder committed by the NTDC Board to quote wrong definition of Clause 3.26 in the Speaking Order. He further stated that if the borrower sought a No Objection Letter (NOL) from World Bank, then World Bank was in a position to take action against the borrower even when the project was closed.

The Standing Committee is scheduled to meet on Tuesday (today) to deliberate the issue, which is already being debated heatedly for the last several months and NTDC officials have failed to satisfy the Committee so far.

On September 26, 2023 (today), the top brass of Power Division and Managing Director NTDC will share implementation status of LoT-1, Lot-II and Consultant M/s GOPA Intec for construction of 765 kV double circuit transmission line from Dasu Hydropower power station to Islamabad I/C grid station and hiring of consultants and contractor for Lot-III.

The Committee has also sought details of construction and commissioning of 500/220/132 kV Lahore North Grid Station under Asian Deployment Bank fund alongwith work orders, and completion certificates of the companies participated in bidding process for hiring of consultant and contractor.

Power Division will further provide an update on action taken by Power Division on the illegal appointment of Deputy Managing Director (System Operations) in NTDC as the matter has been pending since long and action taken against Chairman and Members of BoD, NTDC over the non-implementation of the instructions of Power Division.

Copyright Business Recorder, 2023

Comments

Comments are closed.