HammerHead081
FULL MEMBER
- Joined
- Mar 12, 2019
- Messages
- 964
- Reaction score
- -3
- Country
- Location
Having heard the tales of corruption and structural manipulation of the system by the IPP’s, Prime Minister, Imran Khan ordered an inquiry on it.
Findings & Recommendations of IPP Commission Report
After months of relentless effort to dig down the lost pieces of the puzzle, the IPP inquiry commission report revealed that:
– The plant installation cost had been blatantly lied about. 80% of the cost was to be borne by the Government, whereas 20% by the investors themselves, but the majority of them misquoted the actual cost, multiplying it manifolds, where the Government ended up paying 150% and 200% in some cases.
– The fuel consumption and return ratio was also fabricated by the IPP’s to their advantage, where much lesser fuel was actually consumed as compared to the figure stated in the “Fuel consumption and return projection” shared back then.
The crease is ready. The weather is perfect. The stadium is jampacked with the enthusiastic audience holding popcorn packs, eyeing the batsman they voted for. It will either be a SIXER or “knock-out”
– The dollar-based return was ripping the economic fabric of the already dwindling economy of the country and hence, the inquiry commission suggested the dollar-based return to be shifted to Pakistani Rupee based return.
– The inquiry commission suggested that more and more power producers should be encouraged and facilitated to jump in to break the existing cartel’s monopoly, so that competition could bring the electricity prices down.
– Pakistan’s Capacity Payments due for 2021 stand at Rs. 900 Billion and if, as per, the inquiry commission’s recommendation, IPP’s switch from “Take or Pay” to “Take and Pay” model, it will not only subtract Rs. 270 Billion out of Rs. 900 Billion, but will also lessen the current and future impact of these contracts on the masses with a great margin.
– The inquiry commission clearly suggests two ways out for the IPP’s in the report, i-e; “Strike a negotiated settlement with the Government” or “get ready for the forensic audit for all” – the latter can be extremely lethal though.
Make or Break for PM Imran Khan’s Promise of “Accountability For All”
Our sources revealed that PM Imran Khan and his close aides are being pressurized to let it go, without taking the ones responsible for the whole mess to the task, as the key IPP’s involved here are not only Mian Mansha, Saif-ur-Rehman and many renowned clothing brands but also the sitting Cabinet members, including Razzaq Dawood, Nadeem Babar, Khusro Bakhtyar, Prime Minister’s old fellow, Jehangir Tareen and a few others.
The crease is ready. The weather is perfect. The stadium is jampacked with the enthusiastic audience holding popcorn packs, eyeing the batsman they voted for. It will either be a SIXER or “knock-out”. Missing the ball outside the off-stump is not an option anymore. Let’s see who carries the day – strong proponents of Kaptaan’s “accountability promise” or his naysayers who said it was a farce!
Source: https://www.globalvillagespace.com/pm-imran-khans-super-over-maleeha-hashmey/
Findings & Recommendations of IPP Commission Report
After months of relentless effort to dig down the lost pieces of the puzzle, the IPP inquiry commission report revealed that:
– The plant installation cost had been blatantly lied about. 80% of the cost was to be borne by the Government, whereas 20% by the investors themselves, but the majority of them misquoted the actual cost, multiplying it manifolds, where the Government ended up paying 150% and 200% in some cases.
– The fuel consumption and return ratio was also fabricated by the IPP’s to their advantage, where much lesser fuel was actually consumed as compared to the figure stated in the “Fuel consumption and return projection” shared back then.
The crease is ready. The weather is perfect. The stadium is jampacked with the enthusiastic audience holding popcorn packs, eyeing the batsman they voted for. It will either be a SIXER or “knock-out”
– The dollar-based return was ripping the economic fabric of the already dwindling economy of the country and hence, the inquiry commission suggested the dollar-based return to be shifted to Pakistani Rupee based return.
– The inquiry commission suggested that more and more power producers should be encouraged and facilitated to jump in to break the existing cartel’s monopoly, so that competition could bring the electricity prices down.
– Pakistan’s Capacity Payments due for 2021 stand at Rs. 900 Billion and if, as per, the inquiry commission’s recommendation, IPP’s switch from “Take or Pay” to “Take and Pay” model, it will not only subtract Rs. 270 Billion out of Rs. 900 Billion, but will also lessen the current and future impact of these contracts on the masses with a great margin.
– The inquiry commission clearly suggests two ways out for the IPP’s in the report, i-e; “Strike a negotiated settlement with the Government” or “get ready for the forensic audit for all” – the latter can be extremely lethal though.
Make or Break for PM Imran Khan’s Promise of “Accountability For All”
Our sources revealed that PM Imran Khan and his close aides are being pressurized to let it go, without taking the ones responsible for the whole mess to the task, as the key IPP’s involved here are not only Mian Mansha, Saif-ur-Rehman and many renowned clothing brands but also the sitting Cabinet members, including Razzaq Dawood, Nadeem Babar, Khusro Bakhtyar, Prime Minister’s old fellow, Jehangir Tareen and a few others.
The crease is ready. The weather is perfect. The stadium is jampacked with the enthusiastic audience holding popcorn packs, eyeing the batsman they voted for. It will either be a SIXER or “knock-out”. Missing the ball outside the off-stump is not an option anymore. Let’s see who carries the day – strong proponents of Kaptaan’s “accountability promise” or his naysayers who said it was a farce!
Source: https://www.globalvillagespace.com/pm-imran-khans-super-over-maleeha-hashmey/
