You are here: Home >> Business & Finance >> Energy >>  Barakatullah Electro Dynamics Limited (BEDL)

Barakatullah Electro Dynamics Limited (BEDL)

Barakatullah Electro Dynamics Limited (BEDL) is a company of local and a group of Non-Resident Bangladeshi (NRB) entrepreneur with the foreign partner STEE Co. Ltd. from Thailand. BEDL is the only private sector power generating company developed by a group of NRB investors. This company was incorporated in Bangladesh on 26th June 2007 as a Private Limited Company. On 25th September 2008 the Company was converted to a public limited company under the Company Act 1994.

Barakatullah Electro Dynamics Limited (BEDL) took part in the tendering process initiated by the Bangladesh Power Development Board (BPDB) and won the bid for implementing, generating, and supplying electricity from a 51 MW power plant at Fenchugong, Sylhet for a period of 15 years. BEDL signed an agreement for supply of electricity on rental basis with BPDB on 28th April 2008. For project financing the company appointed Infrastructure Development Company Limited (IDCOL) as a lead arranger to arrange a syndicated loan for the project. Accordingly a syndication loan facility for BDT 1250 million has been arranged from six financial institutes.

Barakatullah Electro Dynamics Limited (BEDL)
AddressKhairun Bhaban, 6th Floor, Mirboxtola, Sylhet - 3100, Bangladesh
Category Business & Finance >> Energy
Related Tags

, ,

Last Updated:
Total Views: 233 Users

Leave a Reply

Your email address will not be published. Required fields are marked *

More Energy Related Listings

  • Bashundhara LP Gas Ltd - Bashundhara LP Gas Limited is one of the subsidiaries of Bashundhara Group and the first private LP Gas bottling and marketing company in Bangladesh. The plant situated in Mon
  • Power Grid Company of Bangladesh Ltd. - Power Grid Company of Bangladesh Ltd. (PGCB) was formed under the restructuring process of Power Sector in Bangladesh with the objective of bringing about commercial environme
  • Energy System Company (Ensysco) - Energy System Company are pleased to introduce ourselves as an eminent Manufacturer, supplier and importer of world class Electrical & Electronic products. Our Engineers
  • Chittagong Palli Bidyut Samity-3 - Since its inception in 2005, Chittagong Palli Bidyut Samity-3 is playing a vital role in Agricultural, Industrial and Socio-Economic Development of Chittagong District. The Ru