Summit to set up four power plants totalling110-MW
Wednesday, 17 October 2007
FE Report
Summit Uttaranchol Power Co Ltd and Summit Purbanchol Power Co Ltd, the subsidiaries of Summit Power Limited, signed power purchase agreements (PPAs), implementation agreements (IAs), gas supply agreements (GSAs) and land lease agreements (LLAs) with Power Cell, Bangladesh Power Development Board (BPDB), Rural Electrification Board (REB), Titas Gas Transmission and Distribution Co Ltd, Bakhrabad Gas Systems Ltd and Pashchimanchal Gas Co Ltd.
Summit Purbanchol Managing Director Tauhidul Islam, Summit Uttaranchol Director Md Latif Khan and Power Cell DG, PDB secretary, REB secretary and high officials of the gas companies signed the contracts on behalf of their respective organisations in the city recently.
Summit Group Director Jafar Ummed Khan, Summit Power Ltd Senior Executive Director Mirza Khairuzzaman, Executive Director (Planning and Dev) ANM Tariqur Rashid, Management Trainee Faisal K Khan and high officials of the companies were also present on the occasion.
The subsidiaries of Summit Power Ltd are going to set up four power plants with a total capacity of 110 megawatt. Summit Uttaranchol Power Co Ltd will implement one 11-MW gas-fired power plant at Ullapara in Sirajganj and one 33-MW gas-fired power plant at Maona in Gazipur and Summit Purbanchol Power will implement one 33-MW gas-fired power plant at Rupganj in Narayanganj and another 33-MW gas-fired power plant at Jangalia in Comilla on 'Build, Own and Operate' (BOO) basis.
Summit Power Ltd has successfully established three power plants for sale of electricity to Rural Electrification Board (REB) on the same basis at Savar, Narsingdi and Comilla. The generation of electricity started in 2001 from three power plants, each with a capacity of 11 MW.
The company took initiatives and signed project agreement with the REB and the government on June 28, 2005 to expand its Narshingdi plant by additional 24.30 MW and Comilla power plant by 13.5 MW and started their commercial operations on November 14, 2006 and December 16, 2006 respectively.
The company also signed project agreements with REB and the government on February 20, 2006 to expand its Savar plant by additional 33.75 MW.
Summit Uttaranchol Power Co Ltd and Summit Purbanchol Power Co Ltd, the subsidiaries of Summit Power Limited, signed power purchase agreements (PPAs), implementation agreements (IAs), gas supply agreements (GSAs) and land lease agreements (LLAs) with Power Cell, Bangladesh Power Development Board (BPDB), Rural Electrification Board (REB), Titas Gas Transmission and Distribution Co Ltd, Bakhrabad Gas Systems Ltd and Pashchimanchal Gas Co Ltd.
Summit Purbanchol Managing Director Tauhidul Islam, Summit Uttaranchol Director Md Latif Khan and Power Cell DG, PDB secretary, REB secretary and high officials of the gas companies signed the contracts on behalf of their respective organisations in the city recently.
Summit Group Director Jafar Ummed Khan, Summit Power Ltd Senior Executive Director Mirza Khairuzzaman, Executive Director (Planning and Dev) ANM Tariqur Rashid, Management Trainee Faisal K Khan and high officials of the companies were also present on the occasion.
The subsidiaries of Summit Power Ltd are going to set up four power plants with a total capacity of 110 megawatt. Summit Uttaranchol Power Co Ltd will implement one 11-MW gas-fired power plant at Ullapara in Sirajganj and one 33-MW gas-fired power plant at Maona in Gazipur and Summit Purbanchol Power will implement one 33-MW gas-fired power plant at Rupganj in Narayanganj and another 33-MW gas-fired power plant at Jangalia in Comilla on 'Build, Own and Operate' (BOO) basis.
Summit Power Ltd has successfully established three power plants for sale of electricity to Rural Electrification Board (REB) on the same basis at Savar, Narsingdi and Comilla. The generation of electricity started in 2001 from three power plants, each with a capacity of 11 MW.
The company took initiatives and signed project agreement with the REB and the government on June 28, 2005 to expand its Narshingdi plant by additional 24.30 MW and Comilla power plant by 13.5 MW and started their commercial operations on November 14, 2006 and December 16, 2006 respectively.
The company also signed project agreements with REB and the government on February 20, 2006 to expand its Savar plant by additional 33.75 MW.