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CJP seeks Quaid-e-Azam solar power plant’s expenditure report

byCT Report
09/04/2018
in Business
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LAHORE: The Chief Justice of Pakistan (CJP) Justice Saqib Nisar has asked for details regarding the costs, production and expenditures of the Quaid-e-Azam solar power plant and concerned power companies.

He directed the concerned authorities to submit a report of the companies’ performance as well.

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Quaid-e-Azam Solar Power Limited was established by the Punjab government as a public-sector for-profit company established which was the first-ever utility-scale solar power plant in the country that started commercial operations in 2015.

The first unit of the project was inaugurated by former prime minister Nawaz Sharif in Bahawalpur and has been completed at a cost of Rs 11 billion.

Auditor General of Pakistan (AGP) and the National Accountability Bureau (NAB) had initiated an investigation pertaining to the alleged embezzlement during its construction.

The AGP reportedly found irregularities in the commencement and operation of the company and its various processes which were presented in an audit report for the period 2013-2017.

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