POL to set up state-of-the-art gas plant in CPEC’s Rashakai SEZ

Peshawar: Pakistan Oxygen Limited (POL) has planned to set up a state-of-the-art gas plant in Rashakai Special Economic Zone (SEZ) of the mega China Pakistan Economic Corridor (CPEC) in Pakistan.

Pakistan Oxygen Limited is a public listed company, and a leading supplier of medical and industrial gases in Pakistan with a proud legacy of over 85 years.

They have 12 operational plants in Pakistan, and are now expanding their operations in Khyber Pakhtunkhwa.

Pakistan Oxygen Limited has planned to invest around US $ 15 million in this project, which is expected to be operationalized by the end 2023, said an official statement.

This project will open new avenues for direct and indirect employment and training of local skilled and unskilled resources.

In pursuance of same, Pakistan Oxygen Limited, and RSEZDOC (CRBC) have signed Allotment Agreement and Renewable Energy Electric Supply Agreement.