Chief Justice of Pakistan Justice Mian Saqib Nisar on Wednesday remarked that we do not know who made agreements with independent power producers (IPPs).
“Agreements with IPPs have become a noose around our necks. We don’t know who those people were who made these agreements. Whether electricity was provided or not, money was given. These people were darlings,” the CJP said.
Secretary power division, counsels of power companies and representatives of IPPs appeared before the court as a bench headed by the chief justice heard a suo motu case of excessive payments made to IPPs.
The chief justice added, “Millions of rupees of the nation were given away whether they generated electricity or not. Across the world, such agreements are being cancelled.”
The secretary power told the court, “Whether electricity is taken or not, payments are made based on capacity.” At this, the chief justice said, “Million and billions of rupees are just paid like that. We are sending this matter to the National Accountability Bureau (NAB).
Commenting on the remarks of the power company’s counsel, the chief justice said, “The circular debt rose to millions and billions. Neither people nor industries got electricity but IPPs kept getting money.”
Justice Nisar, turning to the power secretary, said, “I need to understand this case. You must have made a presentation which you keep showing to the prime minister.”
The court then summoned Federal Minister for Power Omar Ayub Khan and went on break.
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