The revival of Jamshoro Joint Venture Limited (JJVL), spearheaded by the Special Investment Facilitation Council (SIFC), marks a significant milestone for Pakistan’s energy landscape.
The reopening of JJVL stands as a major victory for SIFC in the last three years, restoring a vital national resource to functionality, according to a statement issued today.
The earlier shutdown of the plant resulted in a loss of 317,000 tonnes of locally produced liquefied petroleum gas (LPG), causing a financial loss of Rs.
The plant”s prior shutdown resulted in a deficit of 317,000 tonnes of domestically produced liquefied petroleum gas (LPG), accruing financial losses of ninety-four billion rupees.
Iqbal Zafaruddin Ahmed, Chairman of the Associated Group, acknowledged the indispensable role of SIFC in rejuvenating this vital project. He emphasised that the initiative is poised to conserve approximately two hundred million dollars in foreign currency annually for the nation.