Thursday, October 8, 2009

WAPDA Dues Against PEPCO Cross Rs40bn







Lahore: Pakistan Electric Power Company (PEPCO) Water and Power Development Authority owes more than Rs40 billion - the biggest and cheapest supplier of electricity. News has learned that WAPDA, who control a year ago, a serious financial crisis due to PEPCO PEPCO has been stopped for hydro at Rs40 billion that officials regularly as with independent power producers have been facing supply.

Authority in this regard within tight but WAPDA officials, sources confirmed that against PEPCO in arrears has reached dangerous proportions are lipped. He said that on an average of WAPDA PEPCO per unit of supply from Rs1.07 that many electric power utility buys from the private sector or self generated from thermal plants is often cheaper. It is learned that the Finance Department stopped when other electricity suppliers WAPDA arrears are being paid for the release of funds has been requested with both PEPCO and the Ministry of Water and Power was. It was found that the authorities ignored the request. It revealed that when the final amount of Rs85 billion to its loan PEPCO arrangements for clearing a few weeks back was, WAPDA at least Rs20 billion against WAPDA 50 per cent less than the amount of liabilities PEPCO requested payment did. Even the request was rejected. Engineers are at a loss related to power non-payment of dues-WAPDA understand the rationale. He said that allegations that the thermal power for electricity suppliers to supply more benefits contrary, WAPDA is providing electricity at a profit. He said that the generator supplying electricity WAPDA in order to maintain the dams and regular payment of electricity needs.

Engineering experts have warned that stopping power and water reservoirs WAPDA Power Authority outstanding S. adverse health affects productivity. 6,500 MW of electricity by WAPDA during peak generation PEPCO water supply. PEPCO power supply at all IPPs combined. Power company IPPs charge Rs5-7 per unit. He said debt circular absence PEPCO first few independent power production unit to stop irreversible result of payments to IPPs and also Pakistan's State oil and oil refineries as a potential effect of non affected by payment to IPPs was passed on was created in the oil refineries in turn passed the PSO. In the case of non payment of outstanding WAPDA by PEPCO in the country's key water reservoirs will be killed. This shows that have some kind of generator to maintain power dams and WAPDA experts now warn that the Authority will soon have all our resources and reserves maintenance of large dams are not affected if the stop payment must be consumed had to. He also said that adverse water storage and hydropower production and irrigation system for the country's many development projects will impact.

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