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The Senate Standing Committee on Economic Affairs, expressing serious concerns over lack of accountability and delay in foreign funded power projects, called for strict action against those involved in malpractice.
The Senate Standing Committee on Economic Affairs, chaired by Senator Saifullah Abro, met here on Tuesday, to discuss all ongoing and completed projects related to Power Sector (NTDC projects) multilateral, bilateral partners and UN agencies including their proposals, tendering process along with consultant and up to date progress, interest paid by federal government / departments and any other related information from 2002 till date and complaints received during the tendering process of all ongoing and completed projects of Power Sector under multilateral, bilateral partners and UN agencies.
The Special Secretary Economic Affairs provided an update on completed and ongoing projects in the power sector. However, Abro pointed out that no project had been fully completed or finalized, citing the Tarbela 5th Extension Hydropower (T5HP), 500 KV double circuit TL under World Bank as a specific example.
He noted that although the contract was signed in July 2022, defects were identified afterward. He emphasized that contract clearly stipulated a 7–8-month mobilization period and questioned whether the agreement had been finalized without securing the required performance guarantee.
Despite progress in some areas, he expressed concern over the prolonged finalization of certain projects.