Summit Barisal Power Limited in Barishal Sadar, Barisal
Summit Power Limited has created a surprise among the Summit Group's promoters. Summit is the top of the power generation company among government-owned private companies.
Summit is currently producing 1,564 MW of electricity. The surprise of the country's electricity production history. At the same time, a new company announcement of the possibility of coming in light of the 'efficiency and experience' of the private company.
Since the Summit is a compliant institution, everything is pre-planned. That's why the company's expertise and experience are also good. Adding new power plants can increase profits, "said energy expert and professor of Bangladesh University of Engineering and Technology (BUET). Tamim
Tamim said to the stock, 'Profit depends on the company's expertise and experience. In our country, many private sector companies have faced major losses due to lack of expertise. The case is different from getting the Summit '.
Summit Group has expressed interest in building coal-based power plants. Summit will be set up to build coal power plants, if the issues of coal hoisting, import, supply, transportation and coal are final, said group director Aisha Aziz.
He said that 620 million US dollars has been invested in Meghnaghat and Bibiyana-2 projects. Despite many challenges, the implementation of two projects showed the evidence of competence of Summit. It is also proud for the country.
The mega project of history has already begun to produce commercially by introducing the capacity. Meghnaghat combined cycle of 337 MW, and 341 MW Bibiyana-2, generates 678 MW of power from two power plants.
As a second mega project, privately started 341 megawatt electricity in Habiganj in Sylhet. Gas-based power plants were built at a cost of $ 210 million called Summit Bibiyana-2 Power Company Limited. Summit is the top of the power generation company among government-owned private companies.
In Sylhet's Habiganj jointly started producing a gas based power plant. Center has set up Summitgroup and GE The mega project cost 300 million dollars. Of which Summit 90 and GE paid 18 million dollars. The rest of the $ 210 million dollars, as a loan for 15 years, three international investors.
Summit Power Limited has 13 power plants with subsidiaries. Two more power plants have been added on Wednesday. In the Kadan of Gazipur next month (15 months) the electricity will come to production two. Summit Power Limited, a subsidiary of ACI Alliance Power Limited (Owners of 64% shares), has signed a contract with the Bangladesh Power Development Board (BPDB) to build 149 megawatt power plants.
The Prime Minister inaugurated the second unit power plant of Summit Barisal Power Limited and Samit Narayanganj Power Limited at Madanganj in Narayanganj district to meet the power demand of Barisal region in March this year . From Barisal center on April 5 and the second unit of Narayanganj started commercially from February 29. Summit Barisal Power Limited is producing 119.5 megawatt of power as the 'best private power generation unit'.
Summit Group is making the largest investment and big projects in the history of Bangladesh. As a result, if the company's income increases in the new year compared to last year, the share price will be much higher. Waiting for the past days is the surprise of the company's success.
Summit Power Limited has 6 own power plants. The plants in production are Ashulia Power Plant 1 and 2, Madhabdi Power Plant 1 and 2 and Chandina Power Plant 1 and 2.
Summit Power Limited's Subsidiary Company's power plants are: Rupganj and Jangalia Power Plant of Summit Purbanchal Power Company Limited, Maunna and Ullapara Power Plant of Summit Uttarkanta Power Company and Madanganj Power Plant of Summit Narayanganj Power Limited.