Dhaka, Feb. 2 -- Amid gas shortages, the Gas Transmission Company Limited (GTCL) has been compelled to make significant investment to expand its transmission pipeline which resulted in an income shortage in the last Fiscal year. In the previous fiscal year, the net loss of this state-owned company was Tk 217 crore although the company had a long history of profitability.

According to the energy experts, investment to expand its transmission pipeline without proper analysis, gas shortage, debt payments, increased service cost, rise of operative cost putting the company at high risk and eventually it goes in red.

The total investment of the organisation in the recently completed and ongoing projects in the construction of gas transmission...