LAHORE: Punjab Industrial Estates Development and Management Company’s efforts to deliver amenities to the industrialists have come to fruition. Oil and Gas Regulatory Authority Pakistan has issued license to PIEDMC to supply gas in Quaid-e-Azam Business Park and Bhalwal Industrial Estate.
PIEDMC became the first developer company in Pakistan to be authorized to supply gas.
Industrialists are taking keen interest in the Special Economic Zones of Quaid-e-Azam Business Park and Bhalwal Industrial Estate managed by the Punjab Industrial Estates Development and Management Company. Realizing the need of industrialists, PIEDMC is focusing on providing facilities and completing development works on priority basis. Now industrialists will no longer have to wait for years, as PIEDMC has acquired license from OGRA for uninterrupted gas supply to industrialists.
PIEDMC has laid gas infrastructure at a cost of Rs 2 billion in Quaid-e-Azam Business Park through which up to 65 MMFCD gas will be supplied and 10 MMFCD gas will be supplied in Bhalwal Industrial Estate.
CEO PIEDMC Ali Muazzam Syed said that PIEDMC will provide gas to the industrialists on a single request as per their requirement through one window operations. Consumption of gas will be billed as per the notified rates of OGRA.
He further added that PIEDMC has rested the state of the art infrastructure for gas supply in these two industrial zones, and provisions have also been created to supply gas to the industrialists in these zones from government approved private companies.
Copyright Business Recorder, 2023
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