Titas Gas Transmission and Distribution Company PLC. Stock Analysis TITASGAS.DS

Titas Gas Transmission & Distribution Plc engages in constructing, owning, and operating of natural gas transmission and distribution facilities in the mid-eastern region of Bangladesh. The firm is engaged in transmitting natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for compressed natural gas (CNG), and domestic categories within its franchise areas via greater Dhaka and Mymensingh districts. Its development activities include removal/disconnection of illegal gas pipeline, pipeline expansion and modification, civil works, installation of pre-paid gas meter for TGTDCL, and projects. The firm's projects include Supply Efficiency Improvement Project; Installation of Prepaid Gas Meter Project, and System Loss Reduction Project. The company provides industrial connection, captive power connection, commercial and domestic connection for its customers.