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Home Business & Stock

Rs113.899 billion to be spent on gas transmission network development

APP by APP
June 30, 2022
Reading Time: 1 min read

ISLAMABAD: The two state-owned gas companies, SNGPL and SSGC, would collectively spend funds amounting to Rs113.899 billion on the reinforcement of gas transmission networks in their operational areas across the country during the next fiscal year.

“The Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have planned to invest Rs27,669 million on transmission projects, Rs77,484 million on distribution projects and Rs8,746 million on other projects bringing the total investment of Rs113,899 million during the fiscal year 2022-23,” according to an official document available with APP.

During the first nine months of the current fiscal year (July-March), the companies gasified 108 villages and towns at their respective networks, besides laying 67 kilometers (KM) gas transmission pipelines lines, 3,244 KM main and 829 KM services lines.

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They also provided around 259,212 additional gas connections including 257,644 domestic, 1473 commercial and 95 industrial across the country as compared to 304,573 additional gas connections awarded during the same period in the last fiscal year.

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