Huaneng Shandong Ruyi (HSR), the Chinese company behind the 1360MW Sahiwal coal-fired power plant, has rejected accusations made by certain individuals and groups. The company calls these claims part of a targeted effort to damage its reputation, with hidden business interests behind the allegations.
In a statement addressed to the Power Division, HSR responded to a complaint filed by Noor Khan and Haider Sultan on January 10, 2024. The company firmly denied that Sinpa Commercial (SMC-Private) Limited or YONGTAI Energy Pvt. Ltd were involved in its coal bidding process, stating that neither company had any role in the Sahiwal plant’s coal supply agreements.
“HSR follows a rigorous, competitive bidding process for all coal procurement,” the statement emphasized. The process includes public notices in national newspapers, sealed bid submissions, and bid openings that are conducted transparently with all suppliers present. The entire process is also recorded on video.
HSR stressed its commitment to fairness and transparency in procurement practices, ensuring decisions are made based on the most competitive bids. The company also pointed out that its bidding process adheres to strict internal controls to comply with the Power Purchase Agreement (PPA) and Nepra’s tariff regulations.
Despite these practices, HSR expressed concern over efforts by individuals and companies with vested interests to discredit the company. These parties have allegedly published false articles and filed baseless complaints with regulatory bodies in an attempt to manipulate the coal procurement process for financial gain.
“These actions not only violate ethical business conduct but also threaten the integrity of the regulatory system,” HSR stated in its letter to Nepra. “These attempts are meant to disrupt our operations and create uncertainty in the market.”
HSR has called on Nepra and relevant authorities to thoroughly investigate the allegations and clarify the facts. The company has urged that procurement-related issues be judged based on solid evidence, adherence to regulations, and an understanding of market conditions, rather than unverified claims.
“We remain committed to maintaining the highest standards of transparency, fairness, and compliance in all our operations,” HSR concluded, reinforcing its dedication to working with regulatory bodies to ensure its procurement processes benefit the energy sector and the public at large.
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