Wednesday, 24 July 2013

Sidelining the board, Alternative Energy Development Board (AEDB) issues letter of intent for power plants

ISLAMABAD: The Alternative Energy Development Board (AEDB) has issued a letter of intent to JDW Sugar Mills for setting up 52-megawatt co-generation power plants without approval of its board of directors and in violation of the Act of parliament – a move that may cause huge losses to the exchequer.

The issue came to light when AEDB Board Secretary Anwar Ali wrote a letter to Water and Power Minister Khawaja Asif, highlighting alleged wrongdoings by the acting Chief Executive, Dr Basharat

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