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Titas launches crackdown against unauthorised gas connections in Munshiganj | https://www.tbsnews.net/bangladesh/titas-launches-crackdown-against-unauthorised-gas-connections-munshiganj-809802 | The Business Standard | Titas Gas Authority has conducted drives in Munshiganj's Gazaria to disconnect illegal gas connections in the upazila.The operation, led by NM Abdullah Al Mamun, the senior assistant commissioner of Munshiganj district administration, started at 11am today (16 March) from the upazila's Bausia Old Ferry Ghat area. The d... |
Industries in Dhaka, Gazipur, Narayanganj still reeling from acute gas crisis despite Titas claims of improvement | https://www.tbsnews.net/bangladesh/energy/industries-dhaka-gazipur-nganj-still-reeling-acute-gas-crisis-despite-titas-claims | The Business Standard | Industries in Dhaka, Gazipur and Narayanganj continue to be afflicted by an acute gas crisis, even though Titas Gas Transmission and Distribution Company, the state-owned distributor of natural gas, claims the situation has improved.As reported in the media previously, garments and textiles firms in the industrial belt... |
Titas plans new gas lines around Dhaka despite supply uncertainty | https://www.tbsnews.net/bangladesh/energy/titas-plans-new-gas-lines-around-dhaka-despite-supply-uncertainty-788014 | The Business Standard | Titas Gas Transmission and Distribution Company Limited in Bangladesh has proposed a significant investment of approximately Tk5,120.75 crore ($465.52 million) to enhance the natural gas supply infrastructure in several regions near Dhaka, including Savar, Dhamrai, Manikganj, Saturia, and Aricha. This project aims to i... |
Systems loss facility withdrawal eats Titas Gas profits. Company posts 62% dip in profits in first half of FY24 | https://www.tbsnews.net/economy/stocks/systems-loss-facility-withdrawal-eats-titas-gas-profits-784758 | The Business Standard | Titas Gas Transmission and Distribution Company Ltd - a publicly traded state-owned firm - reported a 62% year-on-year decline in its profit in the first half of 2023-24 fiscal. However, it has reported a notable growth by 82% to Tk17,184 crore in revenue - generated from gas sales - owing to the hiking of gas price in... |
Systems loss facility withdrawal eats Titas Gas profits. Company posts 62% dip in profits in first half of FY24 | https://www.tbsnews.net/economy/stocks/systems-loss-facility-withdrawal-eats-titas-gas-profits-784758 | The Business Standard | Titas Gas Transmission and Distribution Company Ltd - a publicly traded state-owned firm - reported a 62% year-on-year decline in its profit in the first half of 2023-24 fiscal. However, it has reported a notable growth by 82% to Tk17,184 crore in revenue - generated from gas sales - owing to the hiking of gas price in... |
Titas charging Tk200 monthly from January to adjust cost of each meter 'The service is being adjusted by collecting monthly charges for the convenience of consumers, rather than taking the total cost of the meter all together,' said Titas | https://www.tbsnews.net/bangladesh/energy/titas-charging-tk200-monthly-january-adjust-cost-each-meter-783498 | The Business Standard | The Titas Gas Transmission and Distribution Company has decided to charge consumers Tk200 monthly from January to adjust the costs of running and maintaining each meter. In a clarification on Monday (29 January), the company said, "After the pre-paid meter charge of Titas Gas was recently hiked to Tk200 [from the previ... |
Titas Gas: How a profitable state firm slips into red. After incurring Tk167 crore losses in FY23, the publicly listed firm has recommended a meagre 5% cash dividend for its shareholders, down from 10% in the previous fiscal year. | https://www.tbsnews.net/economy/stocks/titas-gas-how-profitable-state-firm-slips-red-727454 | The Business Standard | Titas Gas Transmission and Distribution Company Limited has unveiled a significant investment project of approximately Tk5,120.75 crore ($465.52 million) to install new gas pipelines and upgrade existing infrastructure in the areas around Dhaka, including Savar, Dhamrai, Manikganj, Saturia, and Aricha. The primary obje... |
Panic grips Munshiganj sadar following gas leakage at multiple locations. Meshbah Uddin Ahmed, manager of Titas Gas's Munshiganj office, said they have been addressing the gas leakage issue in the Hatimara area for the past three days | https://www.tbsnews.net/economy/stocks/titas-gas-how-profitable-state-firm-slips-red-727454 | The Business Standard | Fear gripped the residents of several areas in Munshiganj sadar upazila due to gas leaks occurring at multiple locations in the Titas gas pipeline. According to locals, when it rains, gas bubbles emerge in various parts of the upazila including Manikpur, Deobhogh, Old Bus Stand, Idrakpur, Kotgaon, Panchsar, Natungaon, ... |
Govt hikes distribution charge of Titas | https://www.tbsnews.net/bangladesh/energy/govt-hikes-distribution-charge-titas-668818 | The Business Standard | After six months of the country's highest-ever retail gas price hike, the government has now increased the distribution charges for gas production, transmission, and distribution companies.
The additional charges will be effective for gas consumption in July, as stated in separate orders issued by the Energy and Minera... |
Locals lay siege to Titas office in Savar protesting gas crisis | https://www.tbsnews.net/bangladesh/locals-lay-siege-titas-office-savar-protesting-gas-crisis-666410 | The Business Standard | Local residents in the Fulbaria area of Savar laid siege to the Titas Gas office on Sunday to protest the unavailability of gas in their localities. The protesters said over the past two weeks, more than 10 villages in Fulbaria have been experiencing a severe gas shortage. The residents are enduring significant hardshi... |
Employees have little involvement in illegal gas connection: Titas Gas MD | https://www.tbsnews.net/bangladesh/energy/workers-have-little-involvement-illegal-gas-connection-titas-gas-md-663206 | The Business Standard | Employees have little involvement in illegal gas connection, as most connecting lines have been installed by outsiders, including local political leaders, supporters of local lawmakers and welding technicians, said Managing Director of Titas Gas Transmission and Distribution Company Limited Md Haronur Rashid Mullah. Ad... |
Titas to issue Tk258cr preference shares to govt at flexible conditions | https://www.tbsnews.net/economy/stocks/titas-issue-tk258cr-preference-shares-govt-flexible-conditions-638238 | The Business Standard | Titas Gas Transmission Company Limited has been instructed to issue preference shares to the government against its total Tk257.98 crore share money deposit with the state-owned gas distributor for the Dhaka and Mymensingh region. At a meeting on 16 April, a committee formed with officials from the finance ministry, Ti... |
No need to panic, Titas tells Dhaka residents as gas leak worries grow | https://www.tbsnews.net/bangladesh/dont-panic-titas-tells-bangladeshi-residents-gas-leak-worries-grow-621426 | The Business Standard | Due to a shutdown of gas supply to industrial plants during Eid, gas pressure in transmission and distribution lines increased, resulting in an overflow. This meant the smell of gas was more prevalent than usual. Amid a deluge of social media posts warning Dhaka residents to be careful of gas use, Titas said there was ... |
Titas gas cuts 106 gas connections in capital's Sobhanbagh | https://www.tbsnews.net/bangladesh/energy/titas-gas-cuts-106-gas-connections-capitals-sobhanbagh-603450 | The Business Standard | Titas Gas Transmission and Distribution Company Limited, the largest gas distribution company in the country, has cut off 106 gas connections in the Sobhanbagh area of Dhaka Tuesday. The connections were cut off after checking 256 consumers' premises during a drive, said a press release issued by Titas Gas. Of the disc... |
2 jailed, fined in Narayanganj over illegal gas connections | https://www.tbsnews.net/bangladesh/crime/2-jailed-fined-nganj-over-illegal-gas-connections-592778 | The Business Standard | A Narayanganj court sentenced two men to one year of rigorous imprisonment and fined each Tk10,000 for having illegal gas connections in their buildings. After hearing a case filed by the Titas Gas Transmission and Distribution Company Limited, the Narayanganj Senior Judicial Magistrate Court-1, on 29 February, handed ... |
Titas cuts off illegal gas line of a factory in Savars | https://www.tbsnews.net/bangladesh/energy/titas-cuts-illegal-gas-line-factory-savar-577438 | The Business Standard | The state-owned Titas Gas Transmission and Distribution Company Limited (TGTDCL) has disconnected the illegal gas connection of a factory in Savar. During a drive on Tuesday (31 January), the authorities of Titas Gas cut off the gas line of a paper factory, Swiss Quality Paper (BD) Ltd, in Rajashan area of Savar. Engin... |
Industries keen for energy efficiency, Titas stands in the way | https://www.tbsnews.net/bangladesh/energy/industries-keen-energy-efficiency-titas-stands-way-589230 | The Business Standard | The situation in Bangladesh's industrial sector, particularly among entrepreneurs investing in energy-efficient generators, is facing significant bureaucratic and procedural delays, impacting their ability to realize the cost savings from reduced energy consumption. Here's a detailed summary of the current issues: Bure... |
Titas Gas' profit soars by 29% due to lower tax rate | https://www.tbsnews.net/economy/stocks/titas-gas-profit-soars-29-due-lower-tax-rate-573950 | The Business Standard | Lower corporate tax rate and increased investment and finance income helped Titas Gas Transmission and Distribution Company to post 29% higher profit in October-December quarter of 2022. But, in the first half of FY2023, its net profit declined by 12.44% to Tk124.90 crore over the same period of previous fiscal year du... |
Target to realise Tk 400cr arrear bills: Titas disconnecting gas lines in DNCC areas | https://www.tbsnews.net/bangladesh/target-realise-tk-400cr-arrear-bills-titas-disconnecting-gas-lines-dncc-areas-531614 | The Business Standard | The Titas Gas Transmission and Distribution Company Limited has started a drive to disconnect gas connections of about 20,000 customers in the Dhaka metropolitan area - to realise Tk400 crore bills that are due."We started the drive in September this year. From today (Monday), the drive will be conducted mainly in Guls... |
Titas Gas cuts off 6km illegal gas line in Munshiganj | https://www.tbsnews.net/bangladesh/crime/titas-gas-cuts-6km-illegal-gas-line-munshiganj-528154 | The Business Standard | The authorities of Titas Gas have cut off 6km of illegal gas line during a drive in Gazaria upazila of Munshiganj. The line provided about 10,000 unauthorised gas connections, said Gazaria Assistant Commissioner (land) GM Rashedul Islam who led the mobile court as the executive magistrate. Engineer Suruj Alam, deputy g... |
Worry as Titas sees profit falling | https://www.tbsnews.net/bangladesh/worry-titas-sees-profit-falling-513550 | The Business Standard | Gas distribution charge was slashed in June, which affected the overall profit of Titas Gas Transmission and Distribution Company Limited in FY22. The last fiscal year was a rough ride for Titas Gas, according to officials, thanks to a drop in gas distribution charges while the cost of sales and administrative expenses... |
BGMEA seeks empathy to Titas over Tk78cr dues | https://www.tbsnews.net/economy/rmg/bgmea-seeks-empathy-titas-over-tk78cr-dues-268654 | The Business Standard | The Bangladesh Garment Manufacturers & Exporters Association (BGMEA) has requested the Titas Gas Transmission and Distribution Company Limited to show "empathy" as 129 apparel-makers with the Association membership are yet to clear Tk78 crore outstanding gas bills. The gas supplier on 16 June sent separate lists of the... |
RAB arrests man for embezzling Tk10cr utility bill | https://www.tbsnews.net/bangladesh/crime/man-held-embezzling-tk10cr-titas-gas-bills-257179 | The Business Standard | The Rapid Action Battalion (RAB) arrested a man who allegedly embezzled Tk10 crore that was collected as utility bills from Dhaka's Mirpur residents. RAB said the arrestee Md Omar Faruq, 32, cheated around 1,500 residents and embezzled the money in three years — from 2018 to 2020. At a media briefing Monday, RAB-4 Com... |
Gas crisis disrupts industrial production, raises cost | https://www.tbsnews.net/bangladesh/energy/gas-crisis-disrupts-industrial-production-raises-cost-137767 | The Business Standard | Traders are being deprived of desired profit, while many have shut down production due to insufficient gas. Manikganj industries suffer due to gas crisis.The cost of production is increasing in industrial factories of Manikganj due to an acute gas crisis. As the demand for gas is much higher than its supply, industries... |
Six leakages found at Salah Jame Mosque in Narayanganj | https://www.tbsnews.net/bangladesh/six-leakages-found-salah-jame-mosque-nganj-130858 | The Business Standard | A total of six leakages have been found in Titas Gas pipeline beneath the Baitul Salah Jame Mosque located at Narayanganj Sadar upazila where air conditioner (AC) explosion occurred on Friday that already claimed 28 lives. Leakages occurred during the construction of the foundation of the mosque over the Titas gas pipe... |
6.2% Titas gas risers leaky | https://www.tbsnews.net/bangladesh/energy/62-titas-gas-risers-leaky-130294 | The Business Standard | Titas Gas Transmission and Distribution Company recently conducted a survey and discovered that 35,000 out of 5.65 lakh gas risers (approximately 6.2%) are leaky. The company serves about 28.66 lakh consumers connected through 12 lakh risers. Risers are vertically oriented pipes used for transmitting fluids or gases. O... |
8 Titas Gas employees suspended over mosque blast | https://www.tbsnews.net/bangladesh/8-titas-gas-officials-suspended-over-narayanganj-mosque-blast-129610 | The Business Standard | The Narayanganj Titas Gas Ltd has suspended its eight employees, including four engineers, over a mosque blast in West Fatullah, which claimed at least 27 lives. They have been suspended for their alleged negligence that led to the explosion, Ali Mohammad Al-Mamun, managing director of Titas Gas, told The Business Stan... |
Negligence of Titas Gas took 23 lives, alleges mosque committee | https://www.tbsnews.net/bangladesh/negligence-titas-gas-took-20-lives-alleges-mosque-committee-128830 | The Business Standard | In Narayanganj, Bangladesh, a severe explosion at Baitus Salat Jame Masjid, triggered by a gas leak, occurred during Isha prayer on a Friday night, resulting in the deaths of at least 23 individuals and injuries to 14 others. Prior to the incident, the mosque committee had reported the gas leakage beneath the mosque's ... |
Revised charges pull down profits of Titas Gas | https://www.tbsnews.net/bangladesh/energy/revised-charges-pull-down-profits-titas-gas-99724 | The Business Standard | The net profit of Titas Gas Transmission & Distribution Company Limited has dropped 27 percent in the first three quarters of the current financial year as the minimum charges were replaced with demand charges at consumer level. However, the sale of gas has increased by 28 percent during this period. An official of Ti... |
4 filling station staffers jailed for stealing gas | https://www.tbsnews.net/bangladesh/4-filling-station-staffers-jailed-stealing-gas | The Business Standard | A mobile court has jailed four employees of a filling station on a charge of stealing gas by tampering a meter of Titas Gas in Gazaria upazila of Munshiganj. During a drive headed by an executive magistrate, the court also cut the gas connection to Rangdhonu CNG and Filling Station and fined it Tk1 lakh. The Rapid Acti... |
No risk in lighting stoves: Titas. | https://www.thedailystar.net/news/bangladesh/news/no-risk-lighting-stoves-titas-3304046 | The Daily Star | There is no danger from the gas smell that residents of Dhaka complained about last night, and people should feel free to turn on their stoves, said officials of Titas Gas Transmission and Distribution Company Limited. Two senior officials of Titas, who preferred to remain anonymous, said the smell has also diminished ... |
No risk in lighting stoves: Titas. | https://www.thedailystar.net/news/bangladesh/news/no-risk-lighting-stoves-titas-3304046 | The Daily Star | There is no danger from the gas smell that residents of Dhaka complained about last night, and people should feel free to turn on their stoves, said officials of Titas Gas Transmission and Distribution Company Limited. Two senior officials of Titas, who preferred to remain anonymous, said the smell has also diminished ... |
Science Lab, Gulistan blasts. Lives cheapened by negligence | https://www.thedailystar.net/opinion/views/blowin-the-wind/news/lives-cheapened-negligence-3267876 | The Daily Star | two devastating explosions in a city that resulted in significant loss of life and injuries, raising concerns about urban safety and infrastructure maintenance. The first incident occurred on Science Lab road, immediately impacting the narrator who had just passed the road. This explosion killed three people instantly ... |
Tk 1,500cr unpaid bills: Titas starts disconnecting gas lines | https://www.thedailystar.net/environment/natural-resources/energy/news/tk-1500cr-unpaid-bills-titas-starts-disconnecting-gas-lines-3168806 | The Daily Star | Titas Gas Distribution Company Ltd has started disconnecting gas supply to households and industries in the capital due to unpaid bills of around Tk 1,500 crore. "We cut off 200 connections in Sobhanbagh zone on November 7 and 8. Today, 30 teams are conducting drives in Kuril zone," Rashidul Alam, general manger (reven... |
Titas Gas suffers 50% profit fall in July-September | https://www.thedailystar.net/business/news/titas-gas-suffers-50-profit-fall-july-september-3168056 | The Daily Star | Titas Gas Transmission & Distribution Company Ltd made a profit of Tk 32.64 crore in the July-September quarter of the 2022-23 financial year, down nearly 50 per cent year-on-year. The state-run gas supplier clocked a profit of Tk 64.30 crore in the same quarter of 2021-22. Thus, it reported earnings per share of Tk 0.... |
itas Gas posts lower profit in FY22 | https://www.thedailystar.net/business/news/titas-gas-posts-lower-profit-fy22-3141746 | The Daily Star | Titas Gas Transmission & Distribution Company Limited's profit declined in the financial year that ended on June 30. The state-run utility supplier made a profit of Tk 317 crore in 2021-22, down 8.30 per cent from Tk 346 crore a year earlier. The company reported earnings per share of Tk 3.21 against Tk 3.50. The net a... |
No end to power-sector malfeasance | https://www.thedailystar.net/opinion/editorial/news/no-end-power-sector-malfeasance-3129431 | The Daily Star | The article discusses ongoing corruption within Titas Gas Transmission and Distribution Company Limited, where security guards have been falsely employed using the identities of deceased or former employees over the last five years. Bribes ranging from Tk 90,000 to Tk 3 lakh have been paid by individuals to secure thes... |
Two former Titas employees get 5 years’ imprisonment for taking bribe | https://www.thedailystar.net/two-former-titas-employees-get-5-years-imprisonment-taking-bribe-1976169 | The Daily Star | A Dhaka court today sentenced two former employees of Titas Gas Transmission and Distribution Company Ltd to five years' rigorous imprisonment for taking Tk 5,000 as bribe from a sweater factory in 2007. The duo are Md Kamruzzaman Sarkar, former deputy assistant engineer of Demra Titas Gas office, and its technician Md... |
Proposal to raise gas price despite acute shortage in supply | https://en.prothomalo.com/bangladesh/przzcoc3bi | The Prothom Alo | Residents of various parts of the capital city in Bangladesh, including Shahjahanpur, Jatrabari, Mohammadpur, Kazipara, and Rayerbazar, are experiencing a severe gas crisis, with frequent low pressure or no gas supply. This issue extends to other major cities like Gazipur and Narayanganj. Despite inconsistent supply, a... |
Proposal to raise gas price despite acute shortage in supply | https://en.prothomalo.com/bangladesh/przzcoc3bi | The Prothom Alo | Residents of various parts of the capital city in Bangladesh, including Shahjahanpur, Jatrabari, Mohammadpur, Kazipara, and Rayerbazar, are experiencing a severe gas crisis, with frequent low pressure or no gas supply. This issue extends to other major cities like Gazipur and Narayanganj. Despite inconsistent supply, a... |
Industries in shambles, crisis in residential areas too | https://en.prothomalo.com/business/local/d6sj78gm6k | The Prothom Alo | a widespread gas crisis affecting various sectors in Bangladesh due to a reduction in liquefied natural gas (LNG) imports and decreased domestic production. Here are the key points and corresponding data: Decrease in Power Generation and Gas Supply: Gas supply for power generation has fallen from 1,100-1,120 million c... |
System Loss: Petrobangla divides losses among distribution companies | https://en.prothomalo.com/bangladesh/uwhr08yphl | The Prothom Alo | The article discusses the issue of gas wastage and theft within Bangladesh's gas distribution network, focusing on the roles and challenges faced by Titas Gas Transmission and Distribution Company Ltd. and the Gas Transmission Company Limited (GTCL). Key Points and Figures: Standard Gas Losses vs. Actual Losses: Intern... |
Titas does not want to take responsibility of blasts from leakages | https://en.prothomalo.com/bangladesh/local-news/oh4fa14az8 | The Prothom Alo | In Narayanganj, over 200 explosions and fires have been reported in the past three years, attributed to gas pipeline leakages from Titas Gas. Residents blame the negligence of Titas Gas authorities, while the company points to consumer unawareness. The latest serious incident occurred in Araihazar upazila, where a blas... |
Local lawmakers' followers assault when removing illegal connections: Titas MD | https://en.prothomalo.com/bangladesh/54lg5o5ndf | The Prothom Alo | Managing director of Titas Gas Transmission and Distribution Company Limited (TGTDCL) Md Harunur Rashid Mullah has alleged that sometimes staff of his organisations have to face assaults from supporters of local lawmakers when they move to take action against illegal gas connections in different areas in Dhaka, Narayan... |
Explosion following leakage in Titas Gas pipeline in Narayanganj | https://en.prothomalo.com/bangladesh/local-news/zpifcsoksl | The Prothom Alo | The clients of Titas Gas in Narayanganj's Rupganj upazila suffered enormously following a disruption in the gas supply from Thursday noon due to leakage in the pipeline, reports news agency UNB. The incident took place in Rupsi area on Kanchan road of Rupganj Upazila on Thursday noon. According to witnesses, there is a... |
Panic in Dhaka over gas smell: Titas claims to have solved the problem | https://en.prothomalo.com/bangladesh/8n8mqtq2x9 | The Prothom Alo | Titas Gas officials claimed that they have fixed the problem that caused gas leak in different areas of Dhaka on Monday night. On Tuesday morning, multiple officials of Titas have told Prothom Alo that the problem was fixed at midnight by its emergency and technical team and there is no more gas smell in any part of th... |
Gas lines in Dhaka pose as death risk | https://en.prothomalo.com/bangladesh/5g9j6ok91v | The Prothom Alo | The article discusses the critical condition of the gas pipelines managed by Titas Gas Transmission and Distribution in Dhaka, Bangladesh, and surrounding areas. Here are the key points, with a focus on Titas Gas:
Aging Infrastructure: The pipelines supplying gas in Dhaka, originally intended to have a lifespan of 30 ... |
Explosion possibly caused by abandoned Titas Gas line | https://en.prothomalo.com/bangladesh/t7n1v5s9bb | The Prothom Alo | The news article discusses a catastrophic explosion in Siddique Bazar, Old Dhaka, resulting from a gas leak. Preliminary investigations by the fire service and the police's Counter Terrorism and Transnational Crime (CTTC) identified an abandoned gas pipeline from Titas Gas in the basement of a seven-storey building, kn... |
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