With 7 per cent system loss, the new management of the Titas Gas Transmission and Distribution Company PLC has been facing the biggest challenge in its service delivery.
"Some 7 per cent system loss means the organization loses Tk 1.5-1.8 billion per month in revenue," said Shahnewaz Parvez, the new managing director of the Titas Gas PLC.
"It means, the state-owned gas distribution entity can save Tk 18-21.6 billion a year if such a huge system loss is checked," he said.
Among the six gas distribution companies, Titas Gas has been the oldest and largest one both in terms of its operational area and volume of natural gas sales.
As per the official statistics, the Titas Gas alone holds 55 per cent of the gas market share while the other five companies have 45 per cent.
Titas Gas supplies gas to over 2.878 million consumers, including some 2.853 million household consumers, 12,078 commercial consumers, 5,429 industrial consumers, 1,755 captive power plants, and 396 CNG stations.
