NEPRA officers corruption inflicts Rs 76 billion loss on national kitty.

ISLAMABAD -- The sheer negligence of NEPRA and indulgence of its officers in colossal corruption and corrupt practices, national kitty has sustained financial loss to the tune of Rs 76 billion.

Additional payment of Rs 76 billion was made to private Power Generation Companies last year and out of it heavy funds were pocketed by corrupt officers.

According to documents. 4 private power companies received excessive amount to the tune of over Rs 28 billion despite the fact they generated less electricity. These companies include Northern Power Generation Company, Jamshoro power company, central power generation and other private power generation company.

BQPS company which supply electricity to Karachi Electricity has not even generated electricity while the consumers had to suffer financial loss of Rs 14.5 billion. Japan Power Generation Limited has not generated power 120 megawatt but it has received over Rs 5.5 billion near Lahore. Executive Rental Power despite acquisition of license has received Rs 3.75 billion in the name of electricity supply

By allowing to run central power generation company limited on other fuel rather than gas loss amounting to Rs 3.76 billion has been inflicted on national exchequer.

Power distribution companies...