Peshawar: Industrialists have filed a petition in the Peshawar High Court against the IPPs.
Federal Government, Nepra, Central Power Purchase Agency, Pesco IPPs companies have been made parties in the petition filed by Sarhad Chamber of Commerce and Industrialist Association Peshawar.
The petition contended that the PPPs started in 1994 lacked checks and balances and the policy proved to be economically detrimental to the country. In this agreement, the price of electricity was fixed higher, putting an additional burden on the national exchequer. The IPPs charged higher prices from the government by exaggerating their production. The contracts with the IPPs are not being honored and the people are unable to pay the bills.
According to the application, many IPPs are not producing as much as they are being paid. The five IPPs that have been made parties have been paid billions more in profits, as per the committee recommendations, an additional Rs 39.20 crore to Nishat Power, Nishat Chunia, Attock Jin, Liberty Power and Atlas Power. Payments made, IPPs to whom additional payments have been made should be recovered, action should be taken against those who deliberately committed irregularities and concealed facts.
The petition has requested the court to restrain the government from entering into new contracts with IPPs and, if necessary, ensure that the company is paid accordingly for the amount of power it generates.
