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Summit Uttaranchol to set up 11mw power plant at Ullapara

Tuesday, 4 December 2007


FE Report
Summit Uttaranchol Power Co Ltd -- a subsidiary company of Summit Power Ltd -- signed a contract with M/s GE Jenbacher GmbH and Co OHG, Austria for supply, delivery, erection supervision and commissioning of equipment.
According to a press release of the company, GE Energy Sales and Service Director Eugen Laner and Sales Leader Wolfgang Berger and Summit Power Ltd Chairman Muhammed Aziz Khan signed the agreement on behalf of their respective organisations.
It said the signing ceremony was held in London recently for purchase of 11-megawatt (MW) power plant to be set up at Ullapara in Sirajganj. The project will be implemented within one year.
Summit Power is implementing four power plants of which 33MW each in Narayanganj, Comilla and Gazipur and 11MW in Sirajganj, the press release said.
The power giant has also applied to bid for 450MW Bibiyana project in association with GE Energy, it added.
The GE is one of the largest companies in the world. This is for the first time the foreign-owned company has bid for projects in Bangladesh.
Summit is the first company to set up IPP in the country and until now the only local company in private sector electricity business.