Rs. 1.28 Billion Added to Dasu Electricity Project Secretly

Notably, the Senate Standing Committee on Economic Affairs has sought investigations by the National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) into alleged irregularities involving Rs.

Key points

• The Senate panel additionally flagged alleged irregularities in ADB 401B 2022 Lot II A involving ACSR Bunting Conductor.
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• The committee expressed dissatisfaction with what it described as continued noncompliance by the Economic Affairs Division and Power Division with its recommendations.
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In practice, the committee, chaired by Senator Saifullah Abro, examined the foreign-funded project along with another power sector project during a session on Monday. Representatives from the Economic Affairs Division, Power Division, National Grid Firm, NESPAK and other stakeholders attended the proceedings.

According to the committee, the Rs. 1.282 billion amount in Lot IV of the Dasu Islamabad Transmission Line Project related to taxes and duties that were expressly excluded from bid evaluation but were afterwards incorporated into the rate awarded to M/s NWEPDI TBEA JV. According to The committee remarked the bidding documents clearly, these taxes and duties would not be included in the bid evaluation.

Notably, the committee alleged that authorities in the Power Division, the National Grid Business and its Board of Directors were reluctant to correct the matter and took advantage of the difference between the awarded rate and the cost offered by the second lowest bidder. It remarked the alleged irregularity caused a significant loss to the national exchequer.

Notably, the committee additionally triggered concern over attempts to conceal the matter during Departmental Accounts Committee proceedings. It remarked office-holders appearing before the Senate panel were unaware of the actual facts and figures related to the project, prompting the committee to call for an independent investigation into whether laws, procurement rules, bidding conditions or contractual provisions had been violated.

Notably, the Senate panel additionally flagged alleged irregularities in ADB 401B 2022 Lot II A involving ACSR Bunting Conductor. It questioned the bid evaluation and qualification process and remarked office-holders from the Power Division, National Grid Firm and NESPAK awarded the contract to the third lowest bidder, M/s Newage Cables Pvt. Ltd., Lahore.

For context, the committee described the procurement process as manipulated and estimated the resulting loss to the national exchequer at approximately Rs. 600 million.

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Meanwhile, the committee expressed dissatisfaction with what it described as continued noncompliance by the Economic Affairs Division and Power Division with its recommendations.

It remarked stronger oversight, transparency and accountability were needed in foreign funded development projects to protect public resources, maintain the integrity of Pakistan's power sector and preserve the confidence of international development partners. Stay Connected with ProPakistani.

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In short, rs. 1.28 Billion Added to Dasu Electricity Project Secretly is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.