ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs50 million on the Central Power Generation Company Limited (CPGCL), commonly known as GENCO-II, for violating regulatory guidelines concerning the acquisition and transfer of gas booster compressor stations (GBCS).
The penalty was imposed after a show-cause notice issued under Section 27B of the NEPRA Act, alongside relevant rules and regulations. Notably, this state-owned CPGCL (GENCO-II) also known the Guddu Thermal Power Plant, is a thermal station in Guddu, Sindh. Built in the 1980s with Soviet cooperation, the plant was expanded in 2014 when then-prime minister Nawaz Sharif inaugurated two 243 MW gas turbines. By 2017, Guddu had 17 units, contributing 1,400 to 1,750 MW to the national grid. The controversy revolves around a deal between CPGCL and Engro Fertilizers Limited, wherein CPGCL facilitated Engro’s use of its allocated 60 million cubic feet per day (MMCFD) of gas from the Mari Shallow Gas Field. In exchange, Engro transferred ownership of GBCS to CPGCL at no cost. However, CPGCL later sold these compressors to Northern Power Generation Company Limited (NPGCL) for Rs1.242 billion, despite having received them free of charge.
Awami National Party chief Senator Aimal Wali Khan was first speaker to raise the matter
Information desks have been set up at universities and scholarships will be awarded to students in 68 disciplines
Court further directed that after transfer of the money, the account should be closed
A new notification has been issued by the Establishment Division in this regard
IHC also ordered that relevant officer of interior ministry to appear in person at next hearing
Few candidates appeared for interview before selection board headed by Federal Minister of Science and Technology