Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Delays in Nandipur power project cause over Rs113b loss

byCustoms Today Report
23/10/2014
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Delay in the 425MW Nandipur power project have caused a huge loss of more than Rs113 billion to the national exchequer.

This was disclosed by Federal Minister for Water and Power Khawaja Asif in the National Assembly while replying to questions raised by Pakistan Muslim League-Nawaz’s Shaista Pervaiz.

You might also like

SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

26/09/2026

OGRA cuts LNG prices by up to $3.91 per MMBtu

25/09/2026

In a written reply, the minister said that a judicial commission, which was formed in 2011 to probe into the delay, had held the Ministry of Law, Justice and Parliamentary Affairs responsible for the delay in the completion of the project.

Khawaja Asif, quoting the commission’s report, said that the law ministry kept sitting on the file, seeking clearance for the import of machinery which was to be installed at the site. The case is now pending with the National Accountability Bureau (NAB), he added.

It is pertinent to mention here that the Nandipur power project was started in January 2008 at a cost of Rs23 billion. The contract was given to a Chinese firm, which was supposed to complete the work by April 2011.

Tags: 425MWbillionChinese firmFederal Minister for Water and Power Khawaja Asifjudicial commissionJustice and Parliamentary AffairslossMinistry of LawNandipur power projectNational Accountability Bureau (NAB)National Assemblynational exchequerPakistan Muslim League-NawazShaista Pervaiz

Related Stories

SMEDA plans new e-commerce programme to empower Pakistani entrepreneurs

byCT Report
26/09/2026

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and Daraz Pakistan are exploring new avenues of collaboration to help...

OGRA cuts LNG prices by up to $3.91 per MMBtu

byCT Report
25/09/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a significant reduction in liquefied natural gas (LNG) prices for...

Cutlery exports increase 17.78pc to $10.280m

byCT Report
24/09/2026

ISLAMABAD: The exports of cutlery witnessed an increase of 17.78 percent during the first two months of the current financial...

Made-in-Pakistan Exhibition showcases Pakistani products in Dhaka

byCT Report
23/09/2026

DHAKA: The fourth Made-in-Pakistan Exhibition has opened at the International Convention City Bashundhara in Dhaka, bringing together more than 100...

Next Post

FIA investigates Rs 35b gold smuggling scam, 4 suspects arrested

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.