ISLAMABAD - The management of Pakistan Electric Power Company Limited (PEPCO) has decided to resist dissolution of the company until and unless the Ministry of Power takes a categorical decision - whether it would adjust the PEPCO employees in the Central Power Purchasing Agency (CPPA) being set up by the Ministry under power sector reforms or they would be retained by the ministry itself. Severe differences appear while Secretary Water and Power was chairing important meeting regarding dissolution of the Pakistan Electric Power Company (Private) Limited (PEPCO) here in the premises of Water and Power Ministry on Wednesday, well-informed sources told, adding, that notification of PEPCOs suspension will be issued at any cost on 31st October. Though transfer of employees, financial transactions and complete functioning of the Central Power Purchasing Agency (CPPA) has been not completed till this effect, more delay in PEPCOs dissolution could not be done according to the advice of the federal cabinet, sources in water and power ministry privy to the development informed, adding, that approval regarding the formation of CPPAa board could not be extended by prime minister (PM) Syed Yousuf Raza Gilani so far. The sources in PEPCO told that during the course of meeting, PEPCO officials have argued why it was not clearly intimated two years earlier about the complete dissolution of PEPCO, adding, that no one including water and power development authority (WAPDA) is not ready to accept 760 employees of PEPCO. The CPPA could not introduce amendments in its license and the formulation of the board could not be materialized till this effect, well-informed sources in the PEPCO while confirming the said info, revealed, adding that even the CPPA guaranteed company did not start its business till this effect. Again, the lucrative post of Secretary CPPA has been advertised and Power Ministry should ensure transparency in the appointment process of this key slot, sources said. Before the dissolution of PEPCO, transfer of its employees must be resolved and further, before complete functioning of the CPPA, PEPCOs dissolution will be futile exercise and would create problems consequently woes and worries to play to make it an awful account of the incumbent government, an official seeking anonymity opined. The sources further informed that final working paper regarding todays important meeting would be presented to the Secretary water and power today (Thursday). It is relevant to mention that emergence of serious sort of differences have earlier forced water and power ministry to ask PEPCO for a written reply against the rejection of the orders of Power Minister pertaining the appointments and other facilitations for blue-eyed officials. Sources were of the view that Federal Minister for Water and Power Naveed Qamar, while leaving no stone unturned, is apparently trying his best to ensure the appointments of blue-eyed officials on the lucrative slots of Central Power Purchasing Agency (CPPA), putting power sector reforms in limbo. The Water and Power Minister, ostensibly involved in stalling power sector reforms, has violated the rules and regulations regarding appointing his blue-eyed Nazeer Sheikh as acting MD of CPPA and has set aside the fact that the post of MD was not offered to the CPPA, well informed sources revealed, adding that differences between Power Ministry and Pepco have vanished the ray of hope to uplift power sector of the country while dealing with growing power crisis in the country. Another controversy has gotten its roots in power sector as Pepco declined to follow the orders of Water and Power Ministry regarding the appointments of favourite candidates in the CPPA, source said.