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NAB Probes Power Plants Set Up Under CPEC

National Accountability Bureau (NAB) has started an investigation into power plants set up under the China Pakistan Economic Corridor (CPEC), revealed a report in Business Recorder.

The Chinese investments into power plants are worth $35 billion. Load shedding has been reduced throughout the country in the recent past.

In order to carry out the investigation, NAB has been investigating various government bodies which deal with the power sector including Private Power Infrastructure Board (PPIB),  National Electric Power Regulatory Authority (NEPRA), Punjab government and various sponsors of the power plants in question.

Official documents reveal that PPIB has asked all concerned departments to appoint focal persons for the bureau in order to facilitate the ongoing probe.

“PPIB understands that National Accountability Bureau (NAB) has solicited nominations for appointment of separate focal persons from Nepra, Ministry of Energy (Power Division), PPIB and sponsors of coal-fired power plants established in Sahiwal and Port Qasim Karachi in relation to the inquiry and is desired that the focal persons should appear before the NAB on separate dates,” sources added as published by the Business Recorder.

Prior to the ongoing probe, many retired or existing power officials are already under the NAB`s radar. Such officials belong to NEPRA and the ongoing investigation pertains to tariffs granted to various CPEC related projects.

Officials in custody include Nepra’s ex-Director Generals (tariff), Insaf Ahmed. Likewise, two top former officials of Nepra Zafar Ali Khan and Lt. General Saeed uz-Zafar( retired) are also facing inquiries by NAB.

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