Minister for Information and Broadcasting Chaudhry Fawad Hussain on Tuesday said that the government has decided to carry out an audit of the power plants established by the previous government led by the Pakistan Muslim League-N (PML-N).
Addressing a press conference, Fawad Ch said that he said that the National Accountability Bureau (NAB) has already initiated an investigation in the LNG power plants established in Punjab province. He assured that the government will conduct an audit of power plants set up by the previous government in order to fix responsibility of wrongdoings in them.
The minister said that the PML-N government signed agreements to produce electricity at extremely high costs. He also claimed that Quaid-e-Azam solar plant is the most expensive power plant in the world.
The minister noted that the power plants established by the PML-N government are generating electricity at a high cost. He said the current average per unit power cost is 15.53 rupees and the consumers are being provided electricity at the rate of 11.71 rupees. This, he said, is causing a loss of 2.63 rupees per unit to the national exchequer.
Further elaborating the losses, the information minister said that a deficit of 1.2 billion is being incurred on daily basis in the power sector in the winter season while in the summer season, the deficit soars to 1.80 billion rupees. As a result of these losses, circular debt is ballooning by thirty-four to thirty-six billion rupees every month.