Summit Power Limited (SUMITPOWER) - (Summit Power Limited) - Fuel & Power - Dhaka Stock Exchange - Share market analysis of dhaka stock exchange, Bangladesh
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Summit Power Limited (SUMITPOWER)

(Summit Power Limited) - Fuel & Power - Dhaka Stock Exchange

36.80 -0.10    -0.27%
Pre Close
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Volume   694,575 36.90 37.20 36.60
Open   37.00
Open: 37.00
Opened Last Update:  22 November 01:32 PM

Profile

Basic Information
Company Name
Summit Power Limited
Company Profile Summit Power Limited (SPL), sponsored by Summit Group, set up power plants on Build, Own, and Operate (BOO) basis for generation of electricity, and sell the electricity to Rural Electrification Board (REB) and Bangladesh Power Development Board (BPDB). The Company started commercial production of electricity on 8 February 2001, 1 April 2001 and 2 June 2001 at Ashulia, Madhabdi and Chandina respectively with a total capacity of 33 MW.The main operation of SPL and its subsidiaries is to set up power plants for generation of electricity and sell the electricity to the REB and BPDB at an agreed tariff under Power Purchase Agreement (PPA). By end-2011, SPL had 11 operational power plants adding 1,803 million units (Kwh) or 317 MW of electricity to the national grid. In March 2011, SPL commissioned 102 MW HFO based power plant in Narayanganj to augment the capacity to 317 MW. In addition, SPL has acquired 18.7% of Khulna Power Company Limited (KPCL) and wiith that status an additional capacity of about 50 MW has been added with that of SPL being the total capacity of 367 MW.
Establishing Date March 30, 1997
Financial Year End June
Auditor
  • Rahman Rahman Huq
Owners
  • Summit Industrial & Mercantile Corporation (Pvt.) Limited ( 51.37 %)
Subsidiaries
  • Summit Purbanchol Power Company Limited
  • Summit Uttaranchol Power Company Limited
  • Summit Narayanganj Power Limited
Board Members
Muhammed Aziz Khan Chairman
Md. Latif Khan Vice-Chairman
Lt Gen (Retd) Abdul Wadud Managing Director
Abbas Uddin Ahmed Director
Helal Uddin Ahmed Director
Faisal Karim Khan Director
Jafer Ummeed Khan Director
Syed Fazlul Haque FCA Director
Ayesha Aziz Khan Director
Md. Farid Khan Director
Anjuman Aziz Khan Director
Ziaul Hasan Siddiqui Independent Director
Mustafizur Rahman Khan Independent Director
Contacts
Address Summit Centre, 18 Kawran Bazar C/A, Dhaka-1215
Telephone (8802) 9137485-6, 9139668, 9139767, 9140642
Fax 88-02-9139284, 9130854
Web Site www.summitpower.org
Email address spl@summitpower.org
Updated Company Contact Info
Summit Power Limited Summit Centre, 18 Kawran Bazar C/A, Dhaka-1215 Contact Person: Mahmud Hasan FCMA Branch phone: (8802) 9137485-6, 9139668, 9139767, 9140642 Fax: 88-02-9139284, 9130854
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