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PPL spends Rs6.3b under CSR obligation

byCT Report
10/02/2017
in Business
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ISLAMABAD: The Pakistan Petroleum Limited (PPL) has spent around Rs6.322 billion under Corporate Social Responsibility (CSR) obligation in different oil and gas producing districts across the country during the last six years.

The company carried out welfare schemes amounting to Rs844 million, Rs1,100 million, Rs1,070 million, Rs1,226 million, Rs1,090 million and Rs992 million in all the four provinces during years 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 and 2015-16, respectively, official sources told APP Friday.

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Giving break up, they said, the PPL spent Rs1,164 million in health sector, Rs1,239 in education sector, Rs1,112 million for water schemes, Rs306 million for infrastructure development, Rs 1,872 for revision of free gas to Sui Town, disbursed donations amounting to Rs101 million, provided Rs 237 million relief to flood-affected people and used Rs291 million under the Petroleum Concession Agreement (PCA) during the period.

They said the company’s welfare schemes were in progress under PCA obligation in 10 blocks including Khuzzdar, Kalat, Barkhan, Kharan East, Kharan West, Kharan, Margand, Nausherwani, Habi and Bela West to extend maximum facilities to locals.

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