Lahore, November 17, 2015 (PPI-OT): The spokesman of the Pakistan Water and Power Development Authority (WAPDA), while responding to the news appeared in a section of press today, has clarified that it is not WAPDA but the power sector companies that are being privatised.
The spokesman maintained that it is factually incorrect and misleading to term privatisation of the power sector companies as the privatisation of WAPDA, because the power sector companies are functioning independent of WAPDA.
The spokesman has made it clear that subsequent to power sector reforms and unbundling of WAPDA’s Power Wing in 2007, all the power sector companies such as GENCOs, NTDC and DISCOs have been operating as independent corporate entities. Since then, WAPDA has no administrative control over them. WAPDA’s mandate is only limited to construction of new dams and hydropower projects and operation and maintenance of the hydel power stations, he added.
For more information, contact:
Muhammad Abid Rana
Director Public Relations
Water and Power Development Authority (WAPDA)
G-32, WAPDA House, Lahore