Bangladesh’s largest independent power producer (IPP), Summit Power, has recently raises it electricity generation capacity to 1,941MW with commissioning of another power plant at Gazipur.
The local power giant started producing electricity from another 149 MW HFO-based power plant, at Kodda in Gazipur.
The new plant, Summit Gazipur I Power Limited, went into operation on schedule, said a press release by the Summit Group.
With addition of this new power plant, the total generation capacity of Summit now stands at 1,941 MW. Just two months ago another plant, Summit Gazipur II Power (300MW), started power generation in record time.
Summit Gazipur I Power is supplying electricity to 132 KV national grid through PGCB’s Kodda grid sub-stations.
Summit Gazipur I (149MW) and Gazipur II (300MW) power plants are located adjacent to each other in Kodda, Gazipur about 30 km away from Dhaka city.
Summit Gazipur I Power Limited is a joint venture of Summit Power Limited (SPL) – the DSE and CSE listed company with 64% ownership and remaining by Summit Corporation Limited.
The project agreements of this 149 MW power project consequently the power purchase agreement (PPA) and implementation agreement (IA) were signed with Bangladesh government for a period of 15 years on April 12, 2017.