SNGPL considers JV with SSGC on Meter Manufacturing Plant

MG News | November 12, 2021 at 11:35 AM GMT+05:00

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November 12, 2021 (MLN): The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL) has given conceptual approval to engage the services of a Transaction Advisory firm for initiation of a detailed technical, financial, commercial, legal and regulatory due diligence of Meter Manufacturing Plant (MMP) owned by Sui Southern Gas Company Limited (SSGC).

The board approved to take advisory firm services pursuant to the company’s objective to take a decision for the company to enter into a joint venture (JV) arrangement with SSGC regarding MMP, the notice by the company to Exchange said.

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