Preview

Stock Valuation of Khulna Power Company Ltd.

Powerful Essays
Open Document
Open Document
14047 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Stock Valuation of Khulna Power Company Ltd.
-------------------------------------------------
1.Introduction

The Titas Gas Transmission and Distribution Company is the largest natural gas distributor in Bangladesh. This section includes a brief description of the company, the industry structure in which it belongs, financing and dividend policy and the industry analysis.

-------------------------------------------------
1.1Company Description

Corporate Information Name of the Company | : Titas Gas Transmission and Distribution Company Limited (TGTDCL) | Date of Incorporation | : November 20,1964 | Registered Office | : Titas Gas Bhaban,105 Kazi Nazrul Islam AvenueKawran Bazar Commercial Area, Dhaka-1215 | Corporation | : Bangladesh Oil, Gas & Mineral Corportaion (Petrobangla) | Administrative Ministry | : Ministry of Power, Energy & Mineral Resources | Titas Franchise Area | : Greater Dhaka and Greater Mymensingh | First Constructed Pipeline | : Brahmanbaria to Demra 14” DN X100 PSIG X 58 Miles | First Gas Supply | : April 28, 1968 to Siddhirganj Thermal Power Station | Authorised Capital | : Tk. 2,000.00 crore | Paid up Capital (As on June 30, 2012) | : TK. 942.12 crore | Source of Gas supply (Fields) | : Titas, Habiganj, Narsingdi, Kailashtila, Jalalabad, BibiyanaMoulvi Bazar, Rashidpur, Bianibazar & Bangura Gas Fields. | Manpower (As on June 30, 2012) | : 2,446 |

Company Background
Titas Gas T & D Co. Ltd. (TGTDCL) was formed in November 1964 as a joint Stock Company (Under the Company’s Act 1913) of the central Government of Pakistan on the one hand and Pakistan Shell Oil Company on the other, with a view to transmitting and distributing natural gas to the Dhaka city the then provincial capital of Pakistan from the discovered gas field called “Titas” located on the bank of the River Titas, within the close vicinity of the present Brahmanbaria district of Bangladesh.

The basic objective of the Company was to construct, own and operate natural gas

You May Also Find These Documents Helpful

  • Powerful Essays

    of crude oil, natural gas, and natural gas liquids (NGLs). It has about seven operating…

    • 3227 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Interest Groups in Texas

    • 1456 Words
    • 6 Pages

    Texas Alliance of Energy Producers. "Welcome!" Texas Energy Alliance. 2010. Web. 08 July 2010. .…

    • 1456 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Fracking: A Case Study

    • 696 Words
    • 3 Pages

    companies are so influential and why it is difficult to fight against their operation. Natural gas explora-tion and production activities are under the Texas Railroad Commission (TRRC) “which exhibits more of a promotional emphasis rather than concerns for safety and the environment in its dealings with the oil and gas companies.” (Davis, C., 2012). Although the TRRC found complaints regarding water contamination in wells near Fort Worth area, to be without merit, their findings were subsequently overturned (Davis, C., 2012). This could be seen as an example of how regulatory agencies that can be seen as in league with business and not focused on the health and safety of the communities.…

    • 696 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Factors that Lead to a Valuation of a Company’s Worth Compared to that of the Financial Statements…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    E05 Sep06

    • 858 Words
    • 3 Pages

    This mixture of competition and monopoly is well illustrated in the UK market for gas. There are three parts to this market: production; storage and transportation; and supply to customers. In production there is considerable competition, with several companies operating in the North Sea. In storage and transportation, however, there is a monopoly. National Grid Gas plc, originally called TransCo, owns the expensive gas pipelines and storage facilities. TransCo was formed in 1997 when British Gas (BG) was split into two parts. Following a merger with National Grid (owner of the electricity transmission network) Transco is now part of National Grid plc, the UK’s largest utility. The other part of the former British Gas is still called Bristish Gas (BG). BG is involved in supply to the customer. BG is part of Centrica, which also includes Dyno-Rod. The AA used to be owned by Centrica, but it was sold in July 2004 to private investment groups. In supply, the market has been gradually opened up to competition.…

    • 858 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tnk - Bp Russia 2008.Docx

    • 786 Words
    • 4 Pages

    Russia was the world's largest natural gas producer and second largest crude oil producer Oil and gas revenues made up about 50% of russian budget revenues. Russian oil and gas industry was dominated by six large firms : Foreign investor (TNK-BP, Lukoil) and Goverment controlled (Gazprom, Rosneft, Surgutneftegaz and Tatneft). Gazprom was Russian largest company and the world's largest gas production. Problems of oil industry in Russia : (1) Aging oil fields and poor maintenance, (2) a tax and regulatory regime that was increasingly viewed as confiscatory by oil companies and (3) a dearth of Russian and foreign investment in exploration and development.…

    • 786 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    ITERA Oil and Gas Company is one of the largest independent producers and sellers of natural gas in Russia. ITERA has been developing its own gas production in the Yamalo-Nenets autonomous district since 1998. The company has invested over $2 billion in the gas production sector. ITERA was the first private company to put gas deposits in the north of Russia into service.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bg Group Australia

    • 1774 Words
    • 8 Pages

    * We have established liquefaction capacity in Trinidad and Egypt, through Atlantic LNG and Egyptian LNG respectively, and are exploring future liquefaction opportunities in Egypt, Nigeria, and Trinidad…

    • 1774 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    RasGas Company Limited (RasGas) is the case and comes about as among the premier integrated liquefied-natural gas (LNG) enterprises in the world. It is referred to in the paper as RasGas. It has enviable reputation in being safe as well as reliable LNG supplier. This company has transformed this regional resource into major component of global energy-mix. RasGas has a number of managers. It operates 7 LNG trains, two facilities of production of sales gas and two plants of helium and long-term charter-fleet of twenty seven LNG vessels. RasGas manages construction of Barzan Gas Project as well. The Barzan Gas Project is aimed at fuelling Qatar’s major development and further contribution of RasGas to all the four pillars of development.…

    • 2102 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Share Valuation

    • 1303 Words
    • 6 Pages

    An equity carve-out is a reorganization in which a company creates a new subsidiary, takes it public, and retains a majority share. An equity carve-out increases access to capital markets, enabling the carve-out subsidiary to finance its growth without issuing parent equity. It gives the subsidiary a degree of autonomy and retains its access to parent company resources.…

    • 1303 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Eryer

    • 315 Words
    • 2 Pages

    1101, D.I.T. Road, Malibagh Chowdhury Para, Delivery must be completed 2/06/2013 Dhaka - 1219 Bangladesh Supplier : Zoolkarnine Address : Wari, Dhaka.…

    • 315 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Course Outline

    • 3536 Words
    • 15 Pages

    (As office is used by other instructors, please come with appointment for academic purposes only.)…

    • 3536 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    The natural gas industry in Trinidad and Tobago began with the discovery of gas on land at Mahaica in 1955 by Dominion Oil, however the first major natural gas discovery (One Trillion Cubic Feet (Tcf)) was off the East coast of Trinidad by Amoco in 1968 in the Teak offshore field. This was followed up in 1973 by a 2 Tcf find in the South East Galeota acreage.…

    • 2353 Words
    • 10 Pages
    Good Essays
  • Better Essays

    Union Oil Company of California (Unocal) specialized in developing oil fields around Los Angeles and operating all aspects of the oil business such as extraction, refining, distribution, marketing and even retail. Owning to depletion of oil fields in the United States, the company decided to turn to invest in energy projects outside U.S. In 1992, a natural gas field called the “Yadana Field” that belonged to Burma attracted Unocal `s attention and Unocal decided to invest in the international project.…

    • 2076 Words
    • 9 Pages
    Better Essays