Can anyone explain this statement on newspaper??

[Nadir Bashir]

ان کمپنیوں کے ساتھ دوبارہ سے بجلی خریداری کے معائدے کیے جائیں۔ آئی پی پیز اگر مذاکرات پر آمادہ نہ ہوں تو فوری طور پر انکے فارنزک آڈٹ کا حکم دیا جائے۔بجلی خریداری معائدے صرف خریدو اور پیسے دو کی بنیاد پر کیے جائیں۔ آئی پی پیز دباؤ ڈالیں تو 1994 اور 2002 کی پالیسی کے تحت لگنے والے پلانٹس کو ریٹائرڈ کر دیا جائے۔

رپورٹ میں سفارش کی کیا گئی ہے کہ 2002 پالیسی والے 11 پلانٹس کو ریٹائر کرنے سے حکومت کو 740 ارب روپے کی بچت ہو گی۔حکومت نے مالی سال 2007 سے مالی سال انیس تک صارفین کو 3202 ارب روپے کی سبسڈی دی۔ اسی عرصہ کے دوران گردشی قرض کے باعث نقصانات 4802 ارب روپے پر پہنچ گئے۔​

Can we really retire the power plants without any obligation?

 

[akinternational]

IPPs zardaris aur shareefs ki corruption ka nateeja hain....Aaj ye IPPs safed hathi hain jo hukumat ko aur awam ko nalck mail karrahe hain....hukumat MAFIA se muqabile ki jurrat aur taqat rakhti hai to IPPs se dunya men oil ki qeemat per adjustment kare aur agar koi blackmail kare ke wo electric nahin mohayyah kare to uski company qmiya li jai aur mukhlis qabil logon ke hath men di jai...(doston ke nahin, jaise zulfi bukhari)...inka audit lazmi aur forun ho awam ka maal khane walo ko girat men lakar fori saza di jai.. kam se kam saza phansi....
............Wahid hal ISLAMI INQELAB, iman le ao, koshish karo, dua karo, sabr karo.......

 

[Will_Bite]

It's a double edged sword. Doing away with the agreements is gonna result in lawsuits and blots on Pakistans credibility. It's also gonna result in immediate loss of electricity, resulting in increased load shedding.

Best is to work with arbitrators and find a middle ground. Pakistan doesn't need bad publicity

 

[zafarbokhari]

Best approach will be to hire top international audit firms, who have experience in international business litigation. That will open doors for contract cancellations. Pakistan judiciary may not be able to do anything because; lack of rules and laws. Can anyone imagine TT law was made for benefitting few families. Same case is here. Allah will do its justice with all these families who have looted Pakistan in the name of business. Inshallah. Electricity in Pakistan many times expensive than America and Ethiopia.

 

[Nadir Bashir]

Best approach will be to hire top international audit firms, who have experience in international business litigation. That will open doors for contract cancellations. Pakistan judiciary may not be able to do anything because; lack of rules and laws. Can anyone imagine TT law was made for benefitting few families. Same case is here. Allah will do its justice with all these families who have looted Pakistan in the name of business. Inshallah. Electricity in Pakistan many times expensive than America and Ethiopia.

If Inquiry commission has mentioned this statement, then these old plants might be retired since contract might have expired??
They could have also mentioned plants under 2015 power policy........

So I think there is a hope..............

 

[Nadir Bashir]

It's a double edged sword. Doing away with the agreements is gonna result in lawsuits and blots on Pakistans credibility. It's also gonna result in immediate loss of electricity, resulting in increased load shedding.

Best is to work with arbitrators and find a middle ground. Pakistan doesn't need bad publicity

They mentioned only to retire plants constructed under policy of 1994 and 2002. May be these plants have expired their commercial life as per contract................

 

[Eyeaan]

ان کمپنیوں کے ساتھ دوبارہ سے بجلی خریداری کے معائدے کیے جائیں۔ آئی پی پیز اگر مذاکرات پر آمادہ نہ ہوں تو فوری طور پر انکے فارنزک آڈٹ کا حکم دیا جائے۔بجلی خریداری معائدے صرف خریدو اور پیسے دو کی بنیاد پر کیے جائیں۔ آئی پی پیز دباؤ ڈالیں تو 1994 اور 2002 کی پالیسی کے تحت لگنے والے پلانٹس کو ریٹائرڈ کر دیا جائے۔

رپورٹ میں سفارش کی کیا گئی ہے کہ 2002 پالیسی والے 11 پلانٹس کو ریٹائر کرنے سے حکومت کو 740 ارب روپے کی بچت ہو گی۔حکومت نے مالی سال 2007 سے مالی سال انیس تک صارفین کو 3202 ارب روپے کی سبسڈی دی۔ اسی عرصہ کے دوران گردشی قرض کے باعث نقصانات 4802 ارب روپے پر پہنچ گئے۔​

Can we really retire the power plants without any obligation?

Not sure about the exact duration but initial contracts were for certain periods (25 yrs?) (The report might have relevant data) and were to continued further under certain terms.
Perhaps the report is asking not to renew the contract.

 

[Nadir Bashir]

Not sure about the exact duration but initial contracts were for certain periods (25 yrs?) (The report might have relevant data) and were to continued further under certain terms.
Perhaps the report is asking not to renew the contract.

Since we do not know the contract. But i think, inquiry commission might have strong clause to retire these plants. Since many plants get their investment back in a life span of 5 years which technically should be 12 years at an histroic interest rate of 7%.

 

[Eyeaan]

ان کمپنیوں کے ساتھ دوبارہ سے بجلی خریداری کے معائدے کیے جائیں۔ آئی پی پیز اگر مذاکرات پر آمادہ نہ ہوں تو فوری طور پر انکے فارنزک آڈٹ کا حکم دیا جائے۔بجلی خریداری معائدے صرف خریدو اور پیسے دو کی بنیاد پر کیے جائیں۔ آئی پی پیز دباؤ ڈالیں تو 1994 اور 2002 کی پالیسی کے تحت لگنے والے پلانٹس کو ریٹائرڈ کر دیا جائے۔

رپورٹ میں سفارش کی کیا گئی ہے کہ 2002 پالیسی والے 11 پلانٹس کو ریٹائر کرنے سے حکومت کو 740 ارب روپے کی بچت ہو گی۔حکومت نے مالی سال 2007 سے مالی سال انیس تک صارفین کو 3202 ارب روپے کی سبسڈی دی۔ اسی عرصہ کے دوران گردشی قرض کے باعث نقصانات 4802 ارب روپے پر پہنچ گئے۔​

Can we really retire the power plants without any obligation?

Further-- the salient point of Nawaz (90) and Benazir (93) policy was to ensure certain return and profit in a fixed period to the investors.
But then it changed IPPs infiltrated the government and politicians, hired people from Wapda and ministries on deputations and then became policy makers and a cartel.
In the initial years, many IPPs purchased electricity from Wapda at lower rates and resold to government at higher rates -- that was justified because government had only ensured certain profits, whichever manner they were to earn.