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K-Electric steals 130mmcfd gas from SSGC pipeline for its 1230mw power plant: NAB report

byMonitoring Report
12/12/2014
in Business
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ISLAMABAD: National Accountability Bureau (NAB) has unearthed billions of rupees worth gas theft in the jurisdiction of Sui Southern Gas Company Limited which was allegedly made in connivance with the administration of SSGCL and K-Electric.

According to a media report, NAB officials probing into OGRA scam have asked authorities concerned to allow inclusion of officials of K-Electric in the investigations as billions of rupees worth gas was stolen from the transmission line of SSGCL without gas meters.

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NAB officials have also requested to allow initiation of separate investigation against the officials of K-Electric because national exchequer had faced heavy losses due to adjustment of stolen gas under the head Unaccounted for Gas (UFG).

NAB in its report revealed that K-Electric formerly known as Karachi Electric Supply Company (KESC) had stolen 130mmcfd gas from the gas pipeline of Sui Southern Gas Company (SSGC) to run its 1230mw power plant installed at Port Qasim. This gas theft caused billions of rupees loss to SSGC, which was continued from last many years. The precious gas was stolen allegedly in connivance with administrations of both the SSGCL and K-Electric.

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