Corporate DisclosureTITASGAS
TITASGAS Corporate Disclosure — 27 November 2019
Announcement summary
- What happened
- TITASGAS published a corporate disclosure on 27 November 2019. Read the full announcement for details.
- Company
- Titas Gas Transmission and Distribution PLC.
- Announcement published
Original announcement
(Continuation news of TITASGAS): and Gas Transmission Company Limited (GTCL) are 2% and 2.25% respectively as per order # 2018/03 dated 16 October 2018 of Bangladesh Energy Regulatory Commission (BERC). As such the allowable system loss of gas for the year under audit should have been 310,833,899 CM against the value of Tk. 238.38 crore. As a result, the Company has incurred a loss of revenue of Tk. 531.47 crore due to excess system loss of gas for the year ended 30.06.2019. (cont.9)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400580c0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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