ISLAMABAD: The Public Accounts Committee (PAC) on Thursday ordered the Cabinet Division to submit a comprehensive report into Nespak’s alleged billions of rupees irregularities.
The Cabinet Division was directed to conduct multiple technical and financial inquiries and submit a report on various projects and initiatives, including losses to the government due to faulty consultancy services for the Rs43bn Neelum Jhelum Power Project.
According to Secretary Cabinet Division Kamran Ali Afzal, an inquiry at the highest level was underway on the Neelum Jhelum Power Project. “The details will be provided in the comprehensive report,” the senior official assured PAC Chairman Syed Naveed Qamar. The committee met to discuss audit objections relating to the Cabinet Division for 2024-25.
The Neelum Jhelum power generation plant was closed in July 2022 due to the collapse of its tunnel. The plant was handed over to Neelum Jhelum Hydro Power Company Pvt Ltd. The power generation plant had worked for only five to six months and again collapsed in May 2024. Since then power generation has ceased. An estimated loss of Rs42.9bn had been incurred on account of generation and restoration of the project due to poor workmanship and consultancy services provided by Nespak. Nespak has remained involved in all phases of construction of the Neelum Jhelum project, from the design to the construction supervision phase.
