ISLAMABAD : The Chinese Company – M/s Huaneng Shandong Ruyi (HSR), which owns 1360 MW imported coal-fired Sahiwal power plant has accused two ” unsuccessful” local suppliers of spreading misleading claims in the bidding process and may be motivated by commercial interests.
In a letter to Power Minister, Sardar Awais Leghari, Chief Executive Officer (CEO) of Sahiwal Power Plant, Dr. Li Xin has stated that such attempts to influence market dynamics could undermine fair competition and transparency.
” We have noted an article in a newspaper, titled “coal procurement: PRCA voices its reservations about NEPRA panel’s findings.” While we respect media discussions, certain inaccuracies in the article misrepresent our coal procurement processes, potentially leading to misunderstandings that could affect our reputation and investor confidence,” he added.
According to HSR, it has been unable to verify the existence of an entity called “PRCA”. This name appears in anonymous communications containing unverified claims about the Company’s coal procurement processes, adding that it values transparency and welcome constructive discussions, multiple unsigned letters under this name have been submitted to Power Minister’s Office and NEPRA, alleging irregularities.
” These letters lack verifiable contact details, signatures, or official stamps, making it difficult to assess their credibility. Despite efforts to engage, including visits to the mentioned address, we found no such entity or office. Misinformation of this nature creates industry confusion, burdens regulatory processes, and may impact investor confidence and Pakistan’s coal procurement market. We remain committed to industry best practices and a transparent, well-regulated environment that supports long-term economic growth,” Dr. Li continued.
Talking about regulatory compliance and procurement standards, CEO of Sahiwal Power Plant said that the Company remained fully committed to complying with Pakistan’s laws and regulations and has consistently undergone thorough reviews by regulatory authorities, including the Ministry of Defence and NEPRA.
” We take pride in adhering to regulatory standards and have fully cooperated in all evaluations, providing comprehensive documentation on our coal procurement processes. These assessments have consistently confirmed that our procurement-whether through long-term contracts or spot market transactions-strictly follows NEPRA’s regulatory framework. Our transparent bidding process ensures contracts are awarded based on the “lowest price wins” principle, balancing competitive pricing with high-quality standards,” he said adding that CPPA-G has issued the No Objection Certificate (NOC) for the Company’s final contract drafts, further reinforcing its commitment to fairness, transparency, and full regulatory compliance.
Reaffirming its commitment to strict compliance with Pakistan’s laws and regulations, since its inception, the Company has operated within NEPRA and the Ministry of Energy’s legal framework, prioritizing the best interests of Pakistan’s electricity consumers, CEO continued.
” We are deeply concerned about unfounded allegations that lack factual basis. We have substantial evidence indicating that these misleading claims originate from two coal suppliers who have not been successful in the bidding process and may be motivated by commercial interests. Such attempts to influence market dynamics could undermine fair competition and transparency,” Dr. Li maintained.
HSR, in its letter has reaffirm that it conducts its business with the utmost integrity and the highest ethical standards. At no point have it pursued personal gain in its coal procurement operations, nor has it engaged in any improper dealings with suppliers,” he added.
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