Dhaka, Tuesday, April 24, 2018 06:24 PM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
Summit Gazipur-II Power Ltd signs 300 MW project agreement with government

Summit Gazipur-II Power Ltd has signed a project agreement with Bangladesh government to supply 300 MW (net) of electricity for a period of 15 years at Bidyut Bhaban, Dhaka on Sunday.

Under this agreement, Power Purchase Agreement (PPA) and Implementation Agreement (IA) were signed.

The Power Purchase Agreement (PPA) was signed by Bangladesh Power Development Board (BPDB) Secretary Mina Masuduzzaman and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain.

The Implementation Agreement (IA) was signed by Joint Secretary (Development) of Power Division Sheikh Foyzul Amin, Secretary of Power Grid Company of Bangladesh (PGCB) Md Ashraf Hossain and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present as the chief guest while Secretary of Power Division Dr Ahmad Kaikaus was the special guest at the ceremony.

Other senior officials such as Chairman of BPDB Engr Khaled Mahmood, Managing Director of PGCB Engr Masum Al-Beruni, Chairman of Summit Group Muhammed Aziz Khan, Vice-Chairman of Summit Group  Muhammad Latif Khan, Vice-Chairman of Summit Group Md Farid Khan, Additional Managing Director of Summit Corporation Faisal Khan,  Managing Director of Summit Power Limited  Lt General (Retd) Engr Abdul Wadud were also present.

According to the agreement, by mid-2018, the Summit Gazipur-II Power Ltd will commence commercial operation. Earlier on August 10, 2017, the Summit Gazipur-II Power Ltd had received Letter of Intent (LOI) from the BPDB.

Summit Gazipur-II Power Ltd is a joint venture project company of Summit Corporation Limited and Summit Power Limited (SPL), a publicly listed company in Bangladesh.

Summit Gazipur-II Power plant is located in Kodda, Gazipur about 30 km away from Dhaka city. This will be a HFO fuel-based power plant that will run onefficient reciprocating engines from Wärtsilä, Finland.

When it will be operational in mid-2018, it is expected to be the largest reciprocating engine run power plant in Bangladesh supplying 300 MW to the national power grid. At the same location, Summit is also constructing another power plant with 149 MW capacity.

 

Print Friendly and PDF

   You may also like

Category: Power
Another 100MW power added to national grid

Category: Power
World Bank to support electricity transmission and renewable energy in Bangladesh

Category: Power
Govt to import 500MW power from India

Category: Power
PGCB constructs new grid sub-station at Payra

Category: Power
PM opens Bheramara 410MW Power Plant

Category: Power
APSCL, Chinese consortium sign 400 MW power plant deal

Category: Power
Govt to build 150 MW plant for Mirsarai Economic Zone

Category: Power
Survey finds 87% consumers satisfied with power supply

Category: Power
DPDC pre-paid consumers to get recharge from Grameen Phone
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent Power Stories
Another 100MW power added to national grid
World Bank to support electricity transmission and renewable energy in Bangladesh
Govt to import 500MW power from India
PGCB constructs new grid sub-station at Payra
PM opens Bheramara 410MW Power Plant
APSCL, Chinese consortium sign 400 MW power plant deal
Govt to build 150 MW plant for Mirsarai Economic Zone
Survey finds 87% consumers satisfied with power supply
DPDC pre-paid consumers to get recharge from Grameen Phone
Move underway to create 9,000 MW power generation hub at Payra


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy

   Editor & Publisher: Aminur Rahman
   Copyright @ 2015-2018 energynewsbd.com
   All Rights Reserved | Developed By: Jadukor IT