Federal Minister for Power Sardar Awais Ahmed Khan Leghari holds a detailed briefing with officials from Genco Holding Company (GHCL). During the meeting, Minister Leghari expressed concern regarding maladminstration of GENCOS and urged for prompt future course of action to stop bleeding of tax payer money. Specifically, he ordered for a comprehensive report on the affairs of all GENCOS including the potential sale or alternative utilization of their assets. He highlighted that such information is crucial for the government to make informed decisions regarding such institutions, which currently pose a huge financial burden on the national exchequer. Additionally, Minister Leghari also emphasized the need for a detailed report on the surplus employees within GENCOS. This data is essential for making timely decisions regarding the status and future of these additional employees. Furthermore, he directed GENCOS officials to prioritize and efficiently handle pending legal cases in courts. This approach aims to protect the institutions from further financial losses and ensure their operational sustainability in the long term.
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