PPIB BoD to discuss removal of MD?

ISLAMABAD: The Board of Directors (BoD) of Private Power and Infrastructure Board (PPIB) is to discuss the removal of incumbent Managing Director of PPIB, Shah Jahan Mirza, in its forthcoming meeting, a senior official of Power Division told Business Recorder.

The removal of MD PPIB is under discussion in the Power Division, since the day, Prime Minister, Shahid Khaqan Abbasi issued verbal instructions for his ouster during a meeting on energy issues.

“We have obtained opinion from the concerned Ministry and a formal summary will be tabled in the forthcoming meeting of the Board as a formal agenda item,” the official added.

Insiders claim that the Minister for Power, who is also the Chairman of PPIB, is not in favour of the incumbent MD. The MD PPIB had sought help from Minister of State for Power Division, Abid Sher Ali, to convince Awais Leghari not to proceed against him but did not succeed.

Officials in PPIB revealed that while presenting the un-written agenda, Chairman PPIB i.e. Minister for Power, Sardar Awais Ahmad Khan Leghari stated that in the context of merger of AEDB with PPIB, the entire regime is going to change wherein the mandate and profile of the organization would be enhanced and accordingly, he intends to seek permission of the Board Members with regard to re- advertisement of the position of the Managing Director PPIB. He, however, appreciated the efforts of the current MD for his outstanding performance in terms of adding thousands of MW of power to the national grid.

Published in Business Recorder, 4th July, 2018