16th May 2022
EP

To expedite pre-paid meter installation and cut meter import costs, Titas Gas Transmission and Distribution Company Limited is planning to set up a new gas meter assembling factory in partnership with two Japanese firms.

 

According to the initial plan and proposal, the factory will be set up in the Japanese Economic Zone in Araihazar of Narayanganj, said sources at Onoda Inc, one of the two Japanese companies.

 

The three companies will have equal shares in the venture, they said.

 

If this is approved, it will be the third meter assembling factory in the country after Bangladesh Smart Electric Company Limited and Bangladesh Power Equipment Manufacturing Company (BPEMC), both of which assemble electric meters.

 

A proposal in this regard has been submitted to the Energy and Mineral Resources Division.


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