The Engineering Development Board (EDB) has asked the Gujranwala Electric Power Company (GEPCO) to explain the alleged importation of power transmission equipment from Iran, amid allegations of violation of prescribed regulations.
In a letter to GEPCO, EDB expressed concern over the announced plan to acquire 132kV power transmission equipment from Iran, prompting a response from GEPCO Shaheen Traders who objected to the decision.
Traders argued that such imports were unnecessary given the availability of similar equipment within Pakistan’s borders, further highlighting the potential financial implications for the exchequer.
EDB acknowledged the concerns raised by GEPCO Shaheen Traders and called on the power company to clarify its position on the matter and address the concerns raised by stakeholders.
The controversy surrounding the alleged importation of equipment from Iran has sparked debate in the energy sector, with stakeholders watching developments closely as GEPCO undergoes an investigation launched by the EDB.
As the issue evolves, stakeholders expect a comprehensive response from GEPCO to clarify the reasons for the proposed importation and ensure compliance with the prescribed regulations governing such transactions.
