BR100 Decreased By (-0.81%)
BR30 Decreased By (-1.11%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.81%)
AGHA 7.59 Decreased By ▼ -0.10 (-1.3%)
BECO 5.51 Increased By ▲ 0.27 (5.15%)
BML 59.08 Decreased By ▼ -1.14 (-1.89%)
BOP 34.11 Decreased By ▼ -1.17 (-3.32%)
CNERGY 12.84 Decreased By ▼ -0.29 (-2.21%)
CSIL 6.10 Decreased By ▼ -0.01 (-0.16%)
FCCL 57.66 Decreased By ▼ -0.31 (-0.53%)
FFL 16.20 Decreased By ▼ -0.22 (-1.34%)
FNEL 1.21 Increased By ▲ 0.01 (0.83%)
KEL 7.48 No Change ▼ 0.00 (0%)
KOSM 5.94 Decreased By ▼ -0.10 (-1.66%)
LOTCHEM 27.99 Increased By ▲ 0.24 (0.86%)
MLCF 100.65 Decreased By ▼ -2.33 (-2.26%)
NBP 203.75 Decreased By ▼ -2.29 (-1.11%)
NCPL 60.57 Decreased By ▼ -1.67 (-2.68%)
NPL 69.96 Decreased By ▼ -1.33 (-1.87%)
OGDC 320.29 Decreased By ▼ -3.49 (-1.08%)
PACE 11.10 Decreased By ▼ -0.41 (-3.56%)
PAEL 43.12 Decreased By ▼ -0.78 (-1.78%)
PIBTL 16.56 Decreased By ▼ -0.12 (-0.72%)
PPL 228.84 Decreased By ▼ -0.63 (-0.27%)
PRL 71.02 Increased By ▲ 0.91 (1.3%)
PTC 71.65 Decreased By ▼ -0.50 (-0.69%)
SSGC 26.68 Decreased By ▼ -0.43 (-1.59%)
TBL 9.81 Decreased By ▼ -0.05 (-0.51%)
TELE 8.61 Decreased By ▼ -0.11 (-1.26%)
TPL 22.24 Decreased By ▼ -0.38 (-1.68%)
TPLP 15.11 Decreased By ▼ -0.57 (-3.64%)
TREET 24.13 Decreased By ▼ -0.08 (-0.33%)
TRG 59.84 Decreased By ▼ -1.29 (-2.11%)

The Sui-Northern Gas Pipelines (SNGPL) has recovered over Rs 600 million from 277 large industrial defaulter units on instructions of the Ministry of Petroleum and Natural Resources. According to details, SNGPL had recently cut off connections of 74 large industrial units, spread throughout Punjab and Khyber Pakhtunkhwa (KP), for not paying dues worth 1.063 billion.
Petroleum Ministry officials told Business Recorder that Prime Minister's Advisor on Petroleum and Natural Resources, Dr Asim, had recently directed SNGPL management to recover all outstanding dues from defaulters. "In case any company is not co-operating, our instructions are to disconnect gas connection of all such companies" officials added.
They said that action will be taken across the board as these defaulters have blocked huge amount due to the gas utility. Resultantly the company is facing fiscal constraints in initiating new projects. The Ministry further directed SNGPL to register cases against defaulters and take them to court, and added that the Ministry would take all necessary steps to recover the outstanding dues from all the defaulters.
Out of these 277 industrial units, 46 are in KP, and the rest are in Punjab. The break-up of the units that paid outstanding dues of the SNGPL is as under: 14 units in Abbottabad region, 14 in Bahawalpur region, 60 in Gujranwala region, 11 in Islamabad region, 56 in Lahore region, 35 in Multan region, 32 in Peshawar region, 15 in Shiekhupura region and 40 in Fasialabad regio.n
Kaka Khail CNG Peshawar was the biggest defaulter but paid Rs 31.97 million, followed by Master Tiles Ceramics Gujranwala Rs 26.6 million, Master Tiles Gujranwala Rs 25.8 million, Aisha Textile, Shiekhupura Rs 12.01 million, Dawood Tex Printing Faisalabad Rs 10.75 million, Division Supdt Faisalabad Rs 10.2 million and Dawood Exports Faisalabad Rs 6.2 million.

Copyright Business Recorder, 2011

Comments

Comments are closed for this article.