Summit Power Limited

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Summit Power Limited (SPL) sponsored by Summit Group, was incorporated on March 30, 1997. It is first private sector Independent Power Producer (IPP) which is providing power to Bangladesh National Grid. In 2001, It has successfully established three power plants of 11 MW capacity each, for sale of electricity to Rural Electrification Board (REB) on Build, Own and Operate basis at Savar, Narsingdi and Comilla. During 2006 and 2007 in each of the above three places, 2nd unit was commissioned enhancing the capacity of SPL to 105 MW. In 2009 SPL with its 99% owned two subsidiaries has established 4 new power plants raising its capacity to 215 MW. On June 7, 2004 Summit Power Limited was converted to Public Limited Company under the Companies Act 1994.

Summit Power Limited Projects are
Ashulia Power Plant: It was set up to provide electricity for Dhaka Palli Bidyut Samity under 15-years Power Purchase Agreement (PPA) with Rural Electrification Board (REB). An implementation agreement has also been signed with the government of Bangladesh (GoB). After signing expansion agreements with REB and GoB, Summit Power has increased this plant's production capacity by 33.75 MW with the total output being 45 MW.

Narsingdi Power Plant: This project was set up to provide electricity for Narsingdi Palli Bidyut Samity under 15-years Power Purchase Agreement (PPA) with Rural Electrification Board (REB). An implementation agreement has also been signed with the government of Bangladesh (GoB). After signing expansion agreements with REB and GoB, Summit power has increased this plant's production capacity by 24.30 MW with the total output being 35 MW.

Comilla Power Plant: This project was set up to provide electricity for Comilla Palli Bidyut Samity under 15-years Power Purchase Agreement (PPA) with Rural Electrification Board (REB). An implementation agreement has also been signed with the government of Bangladesh (GoB).
After signing expansion agreements with REB and GoB, Summit power has increased this plant's production capacity by 13.50 MW with the total output being 25 MW.

Summit Uttaranchol Power Company Limited
Ullapara Power Plant: This project was set up to provide electricity for Sirajganj Palli Bidyut Samity under 15-years Power Purchase Agreement (PPA) with Rural Electrification Board (REB). An implementation agreement has also been signed with the government of Bangladesh (GoB). The total output being 11 MW.

Maona Power Plant: This project was set up to provide electricity for Maymensingh and Gazipur Palli Bidyut Samity under 15-years Power Purchase Agreement (PPA) with Rural Electrification Board (REB). An implementation agreement has also been signed with the government of Bangladesh (GoB). The total output being 33 MW.

Summit Purbanchol Power Company Limited
Jangalia Power Plant: This project was set up to provide electricity for Comilla Grid Substation under 15-years Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB). An implementation agreement has also been signed with the government of Bangladesh (GoB). The total output being 33 MW.

Rupganj Power Plant: This project was set up to provide electricity for Narayanganj Palli Bidyut Samity under 15-years Power Purchase Agreement (PPA) with Rural Electrification Board (REB). An implementation agreement has also been signed with the government of Bangladesh (GoB). The total output being 33 MW.

Summit Narayanganj Power Limited
Madanganj Power Plant: This project was set up to provide electricity to Bangladesh Power Development Board (BPDB) under Build, Own and Operate (BOO) basis using Heavy Fuel Oil (HFO). The entire generated electricity will be sold to BPDB. The total output being 102 MW.

Summit Saidpur Power Limited
Saidpur Power Plant: 104 MW project in Nilphamary.

Summit Shantahar Power Limited
Shantahar Power Plant: 52 MW project in Naogaon.

Contact Address:
Summit Centre
18, Kawran Bazar C/A
Dhaka-1215, Bangladesh
Phone: 9137485-6
Fax: 913 9284
Email:spl@summitpower.org

Website URL:	http://www.summitpower.org/
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Category:	Business and Economy / Energy

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