Intraco Refueling Station PLC
DDSE:INTRACO24.10
BDT
+0.10
(+0.42%)
Intraco Refueling Station PLC
DSE:INTRACO
(Dhaka Stock Exchange)
Recent
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24.10
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ROIC.AI
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- Business
- Intraco Refueling Station PLC is a Bangladesh-based energy solutions and natural gas distribution company primarily engaged in the establishment, operation, and maintenance of compressed natural gas (CNG) refueling stations and commercial gas distribution infrastructure. Founded in 2007 and headquartered in Dhaka, Bangladesh, the company serves private automotive consumers, commercial fleet operators, public transport networks, and manufacturing industries across key regional hubs, including Dhaka, Chittagong, Pabna, and Sylhet. The company operates through a comprehensive portfolio of products and services, which includes retail automotive CNG refueling; turnkey CNG station engineering encompassing facility design, equipment procurement, mechanical installation, and commissioning; off-grid industrial gas logistics utilizing high-capacity cascade tube trailers and mother-daughter station networks; autogas and liquefied petroleum gas (LPG) dispensing solutions; round-the-clock technical maintenance, emergency repair, and operational support for high-pressure gas compressors, gas-driven generators, and industrial engines; certified high-pressure cylinder hydrostatic retesting, inspection, and safety verification; vehicle gas conversion kit retrofitting; and specialized gas storage tank rentals. In recent corporate developments, Intraco Refueling Station PLC completed a statutory scheme of amalgamation sanctioned by the High Court Division of the Supreme Court of Bangladesh, absorbing three subsidiaries—M. Hye & Co. CNG Refueling Station Limited, Nessa & Sons Limited, and Good CNG Re-Fueling Station Limited—into Intraco Refueling Station PLC as the single surviving corporate entity to consolidate operating assets and optimize operational efficiencies. Additionally, the company expanded its midstream and industrial supply footprint through a long-term gas distribution agreement with state-owned Sundarban Gas Company Limited, a subsidiary of Petrobangla, enabling the compression, logistical transport, and off-grid delivery of surplus natural gas from the Bhola gas fields via road-bound cascade trailers to energy-intensive industrial consumers in Greater Dhaka, Gazipur, and Narayanganj.