Khwaja Asif & PMLN taken to cleaners over Nandipur Power scam

[I FLY HIGH]

Lolz I can go to public accounts committee and courts hahaha we are talking about same country? Pakistan and it's court system?

And it's not me or general public who is giving these figures it's reported by media. Why not proof them wrong by showing documents? And stop banning websites were ppl can talk freely... Is that clear?

with out any proof you can quote figures and put allegations ? if u want that u can do it . but these are useless figures because these are hypothetical or dramtaic .

 

[ice_man]

@Jazzbot @mr420 @Leader

Aaj Shahzeb Khanzada Kay Sath - Dailymotion

faisala apka bhaioo.

please tell me about naya KPK ka kiya hogaya?

 

[Jzaib]

If you dont have any info or document about Rs 41 /kwt hr , is it your assumption or a part of a sweet dream?

bro if u want documents . please ask ur government to make an RTI law like kpk . so people like us get information. punjab government like to keep everything secret . if it was kpk government u could easily get free information

If you dont have any info or document about Rs 41 /kwt hr , is it your assumption or a part of a sweet dream?

instead of being a slave ask ur government to introduuce and RTI like KPK . so slaves can finds what masters are upto. there is no way on earth u can get information . only way is newspaper or what pervez and rana sana told u .

 

[mr42O]

@Jazzbot @mr420 @Leader

Aaj Shahzeb Khanzada Kay Sath - Dailymotion

faisala apka bhaioo.

please tell me about naya KPK ka kiya hogaya?

Start new thread not spam here

I saw CM KPK interview and REALLY DISAPPOINTING but start new thread

 

[Finer]

In this thread, PMLN is trying to revive the broken machinery that needed repair which in return will cost more. As usual, PTI is running dharna on everything rather than do contribute active for the economy of Pakistan.

It is easier to complain, hence cheap route.

The pattern of complaining by PTI:

* Why Zarb-e-Azb?
* Why anti-TTP?
* Why Metro bus?
* Why Metro rail?
* Why Solar Energy?
* Why Powerplant?
* Why Gawadar Port?
* Why investment on energy project?

Most importantly;

* Why Nawaz Sharif doesn't resign?

 

[saima naaz]

how can court give them clearness

 

[mr42O]

In this thread, PMLN is trying to revive the broken machinery that needed repair which in return will cost more. As usual, PTI is running dharna on everything rather than do contribute active for the economy of Pakistan.

It is easier to complain, hence cheap route.

The pattern of complaining by PTI:

* Why Zarb-e-Azb?
* Why anti-TTP?
* Why Metro bus?
* Why Metro rail?
* Why Solar Energy?
* Why Powerplant?
* Why Gawadar Port?
* Why investment on energy project?

Most importantly;

* Why Nawaz Sharif doesn't resign?

Why not start following what's happening before saying something???

* Why Zarb-e-Azb? PTI fully supported operation go and watch IK speech
* Why anti-TTP? Once again IK supported operation but he said use local to take out terrorists
* Why Metro bus?
* Why Metro rail?
* Why Solar Energy?
It was big scam as asad umar predicted which cost nation billions..
* Why Powerplant?
Which power plant nandipur?
* Why Gawadar Port?
Once again IK never said that
* Why investment on energy project?
U need to wake up

 

[<ScRipT>.<3DiT>]

prove it by any document .

Nandipur power project: MD justifies Rs36 per unit cost of generation - The Express Tribune

ab ye mat kehna express waly pagal hogaye hain

ns tried his very best to generate maximum electricity. just due to technical faults its stopped gor a while. you fail when you try! this corription song is too old that you ding on everytjing!! under ns gov. started zarbeazb, you all did lot of wah wah. under ns gov. gwader was given to china, it was a matter of pride. under ns gov cpec started, all went like ia now we'll show the world what we worth. for the good things ns did , he got no credits, but due to technical faults a project is suffering, you guys see corruption! it'll take time to resolve the problem Its chinese machinary and you need some foreign engineers to resolve it.

ISLAMABAD: The Nandipur power project debacle has taken a new turn as in case it gets operational and generates 425-450 megawatts electricity from now onwards, it will collapse and will turn out to be a huge liability of the government as under the existing tariff of Rs11.3073 on furnace oil determined by Nepra, its electricity generation cost is not recovered.



With the costs and tariff determined by the learned Authority, the project will not be able to even pay the lenders’ payments and it will collapse like other Gencos (electricity generation companies) within days, reveals Northern Power Generation Company Limited (NPGCL) in its review petition on Nandipur power project submitted with National Electric Power Regulatory Authority (Nepra) of which a copy is available with The News.



Even if the power plant gets operational, it will continue to inflict mammoth loss of Rs30 billion to Pakistan’s national exchequer and it will be a huge liability of the government, one of the members of the board of directors of NPGCL confided to The News.



More importantly, he divulged, if the said project gets operational and generates 425MW electricity, then the national exchequer will have to brave loss of Rs6.5 on every unit to be produced by the plant to cater to the full generation cost of one megawatt and if the government does not pick up the financial damage, then Rs6.5 per unit will be added to the circular debt as the tariff given by the Nepra stands at Rs11.3073 on furnace oil against the tariff of Rs18.168 per unit.



The additional loss to the exchequer due to simple cycle operations is estimated at Rs5 per unit in addition to Rs6.5 per unit not allowed by Nepra. This means if the plant is operated for one month, then the combined additional loss will stand at Rs2.5 billion that will be at Rs30 billion if the project is run for one year.



This means if the project comes on stream, then there is a huge loss to the national exchequer at the existing tariff and in case it is not allowed to get operated then the huge amount of Rs58 will go into drain.



However, the petitioner seeking the review of the tariff already given by the regulator dated April 4, 2015 pleaded that tariff determined by the Authority will not help recover the electricity generation cost, resultantly, Nandipur power plant will collapse in case it gets operational from now onward.



The board of directors’ meeting authorised Muhammad Shoaib Rasheed, Chief Executive Officer NPGCL, for filing of leave for review with Nepra, who as a petitioner asked the regulator to approve, and revise the tariff based on actual expenses. In the petition, NPGCL sought the determination of operation and maintenance (O&M) tariff on realistic basis for HSFO Fuel with multiple of 3.5 to gas O&M and fix O&M tariff along with due indexation.



The petitioner mentioned and argued that incurred and verified EPC (engineering, procurement and construction) cost amounting to $382.52 million should the part of the tariff. He also asked for inclusion of IDC (interest during construction) at actual for total construction period. The NPGCL also asked Nepra to include non-EPC costs of $46.07 million. The petitioner also urged to include the component of financing fees, saying it should be calculated and allowed at 3 percent of financing as per precedence.



In addition, the petitioner advocated for the inclusion of the cost of the spare parts amounting to $15 million in the cost of the project which should be reflected in the tariff. “The gas connection costs should also be allowed in the tariff,” the petitioner pleaded, adding, “Indexation base of conversion rates for ROE (return on equity) and ROEDC (return on equity during construction) should be of Rs90.” The petitioner stressed that ROEDC should be calculated on FIFO basis instead of weighted average, saying the project’s thermal efficiency to be accepted as 44 percent for HSFO fuel.



The petitioner also asked for adjustment mechanism for working capital tariff and demanded omission of time period clause from determination. The NPGCL in the leave for review petition also pleaded that open cycle tariff should be allowed against demand of NPCC (national power control cell) stressing the regulator to rectify the IRR (internal rate of return) promised to the investor by allowing the above said adjustments.



Secretary Water and Power Younas Dagha was earlier phoned, sent many SMSs seeking the answers of the questions that include where does Nandipur power plant fall in the merit order if it generates electricity on furnace oil and what is the electricity generation cost by the project and does the tariff given by Nepra fulfils the generation cost of electricity of the project, he did not respond till the filing of this report.



The questionnaire was sent on September 13 (Saturday last), but there was no response and then The News again reminded him on Sunday of the SMS and sought the detailed answers, but the secretary stayed unmoved and opted to remain non-responsive.



Then spokesman for the ministry Zafar Yab Khan was also contacted and sent the same questionnaire. He first promised to arrange the answers from the secretary of the ministry, but even after lapse of three days Zafar Khan did not provide the answers, saying, “The issues you have highlighted in the questionnaire, ministry is not in apposition to respond them and you better make contact with managing director of Nandipur.” However, Capt Muhammad Mehmood, MD Nandipur power plant, first showed willingness to discuss and answer questions but he did not do so despite many attempts made by The News.



However, the document pertaining to review petition clearly gives the answer that Nandipur project is not feasible under the existing tariff and if its get operational it will turn out to be huge liability.

SOURCE= Nandipur power project to collapse if it gets operational - thenews.com.pk

 

[BORN TO BE REAL]

Dont worry or get surprised when a noora supporter will come and defend thier masters... They will either blame on dhara or will ask question about PTI.

Let them explain, that how nandipur plant fails to acieve yhe required goals.

 

[marbella]

Nandipur power project: MD justifies Rs36 per unit cost of generation - The Express Tribune

ab ye mat kehna express waly pagal hogaye hain


ISLAMABAD: The Nandipur power project debacle has taken a new turn as in case it gets operational and generates 425-450 megawatts electricity from now onwards, it will collapse and will turn out to be a huge liability of the government as under the existing tariff of Rs11.3073 on furnace oil determined by Nepra, its electricity generation cost is not recovered.



With the costs and tariff determined by the learned Authority, the project will not be able to even pay the lenders’ payments and it will collapse like other Gencos (electricity generation companies) within days, reveals Northern Power Generation Company Limited (NPGCL) in its review petition on Nandipur power project submitted with National Electric Power Regulatory Authority (Nepra) of which a copy is available with The News.



Even if the power plant gets operational, it will continue to inflict mammoth loss of Rs30 billion to Pakistan’s national exchequer and it will be a huge liability of the government, one of the members of the board of directors of NPGCL confided to The News.



More importantly, he divulged, if the said project gets operational and generates 425MW electricity, then the national exchequer will have to brave loss of Rs6.5 on every unit to be produced by the plant to cater to the full generation cost of one megawatt and if the government does not pick up the financial damage, then Rs6.5 per unit will be added to the circular debt as the tariff given by the Nepra stands at Rs11.3073 on furnace oil against the tariff of Rs18.168 per unit.



The additional loss to the exchequer due to simple cycle operations is estimated at Rs5 per unit in addition to Rs6.5 per unit not allowed by Nepra. This means if the plant is operated for one month, then the combined additional loss will stand at Rs2.5 billion that will be at Rs30 billion if the project is run for one year.



This means if the project comes on stream, then there is a huge loss to the national exchequer at the existing tariff and in case it is not allowed to get operated then the huge amount of Rs58 will go into drain.



However, the petitioner seeking the review of the tariff already given by the regulator dated April 4, 2015 pleaded that tariff determined by the Authority will not help recover the electricity generation cost, resultantly, Nandipur power plant will collapse in case it gets operational from now onward.



The board of directors’ meeting authorised Muhammad Shoaib Rasheed, Chief Executive Officer NPGCL, for filing of leave for review with Nepra, who as a petitioner asked the regulator to approve, and revise the tariff based on actual expenses. In the petition, NPGCL sought the determination of operation and maintenance (O&M) tariff on realistic basis for HSFO Fuel with multiple of 3.5 to gas O&M and fix O&M tariff along with due indexation.



The petitioner mentioned and argued that incurred and verified EPC (engineering, procurement and construction) cost amounting to $382.52 million should the part of the tariff. He also asked for inclusion of IDC (interest during construction) at actual for total construction period. The NPGCL also asked Nepra to include non-EPC costs of $46.07 million. The petitioner also urged to include the component of financing fees, saying it should be calculated and allowed at 3 percent of financing as per precedence.



In addition, the petitioner advocated for the inclusion of the cost of the spare parts amounting to $15 million in the cost of the project which should be reflected in the tariff. “The gas connection costs should also be allowed in the tariff,” the petitioner pleaded, adding, “Indexation base of conversion rates for ROE (return on equity) and ROEDC (return on equity during construction) should be of Rs90.” The petitioner stressed that ROEDC should be calculated on FIFO basis instead of weighted average, saying the project’s thermal efficiency to be accepted as 44 percent for HSFO fuel.



The petitioner also asked for adjustment mechanism for working capital tariff and demanded omission of time period clause from determination. The NPGCL in the leave for review petition also pleaded that open cycle tariff should be allowed against demand of NPCC (national power control cell) stressing the regulator to rectify the IRR (internal rate of return) promised to the investor by allowing the above said adjustments.



Secretary Water and Power Younas Dagha was earlier phoned, sent many SMSs seeking the answers of the questions that include where does Nandipur power plant fall in the merit order if it generates electricity on furnace oil and what is the electricity generation cost by the project and does the tariff given by Nepra fulfils the generation cost of electricity of the project, he did not respond till the filing of this report.



The questionnaire was sent on September 13 (Saturday last), but there was no response and then The News again reminded him on Sunday of the SMS and sought the detailed answers, but the secretary stayed unmoved and opted to remain non-responsive.



Then spokesman for the ministry Zafar Yab Khan was also contacted and sent the same questionnaire. He first promised to arrange the answers from the secretary of the ministry, but even after lapse of three days Zafar Khan did not provide the answers, saying, “The issues you have highlighted in the questionnaire, ministry is not in apposition to respond them and you better make contact with managing director of Nandipur.” However, Capt Muhammad Mehmood, MD Nandipur power plant, first showed willingness to discuss and answer questions but he did not do so despite many attempts made by The News.



However, the document pertaining to review petition clearly gives the answer that Nandipur project is not feasible under the existing tariff and if its get operational it will turn out to be huge liability.

SOURCE= Nandipur power project to collapse if it gets operational - thenews.com.pk

whoa! you've opened my eyes... so it seems like billions lost. but how about dongfang! is it just like that? I sold you crap of millions, it wont work, tchau!!gracias!!!
chinese powerplant has no luck like the chinese locomotives.