History of the Firm
Summit Electricity Limited (SPL), a company Summit Group, is the first Bangladeshi Independent Electric power Producer (IPP) in Bangladesh and until now the only community company in private electricity generation and provide business featuring power to national grid. SPL was designed in Bangladesh on Drive 30, 1997 as a Private Limited Organization. On Summer 7, 2004 the Company was converted to General public Limited Firm under the Businesses Act 1994. Summit Group is one of the leading investment and industrial organization house in Bangladesh. The major sectors when the group is currently investing in include power era, port just like container gets station, container terminal, delivery, property development, construction, civil & hydro engineering & trading. The sponsors of Summit group are interested in system sectors in Bangladesh and abroad. It has led to the establishment in the first barge mounted engine power in Bangladesh namely Khulna Power Company. Ltd, Liquefied Petroleum Gas (LPG) flower in gas starved location at Mongla Bagerhat, 54 km very long gas canal of 31 inches diameter from Ashugonj to Hobiganj, Container Gets Station in Chittagong etc . The company is usually exploring strength markets in Sri Lanka and Vietnam that have emerging strength sector available to investment. Summit Power Limited has effectively established back in 2001 3 power plants each with 11 MW capacities for sale of electricity to Rural Electrification Panel (REB) under build, individual and work basis at Savar, Narsingdi, and Comilla. The company has expanded its total generation capacity to a hundred and five MW. Summit Power Limited is going to put into practice another 4 power plant life totaling a capacity of 110 MW through their two part companies Peak Uttaranchol Utility company Limited and Summit Purbanchol Power Company Limited. Out of the four power crops, two thirty-three MW Electrical power plants each located at Jangalia, in Comilla and Rupganj in Narayanganj will probably be established through Summit Purbanchol Power Company Limited and one particular 33 MW power plant located at Maona in Gazipur and 1 11 MW power plant located at Ullapara in Sirajgonj will be founded through Summit Uttaranchol Power Company Limited. Together with the establishment of the new assignments generation capacity will be raised to 215 MW. With the immense opportunities, the company is definitely striving to ascertain more small power vegetation ranging 10MW to 50MW around the nation. The fast-growing company offers set a mission to expand the corporation with a power generation capacity to the melody of a thousand MW, the industry modest 20% of the electric power requirement in Bangladesh. Perspective
To provide top quality & uninterrupted electricity to vast majority of Rural Bangladesh for their personal, social economic development. Objective
To grow the company into a power generation capacity to the tune of 1000 MW, this is a modest 20% of the electricity requirement of Bangladesh. Summit's slogan is " Empowering Bangladesh, we can & we will. " Objectives
п‚§Generate and give uninterrupted way to obtain electricity to our customer. п‚§Efficient Utilization of Capital, Machines, Material and Recruiting. п‚§Continuous improvement of customer satisfaction and resource management. Quality Policy
We could committed to generate and provide continuous supply of electrical energy to our clients as per their demand by meeting every one of the requirements of Power Obtain Agreements authorized between the firm and the highly valued customer. All of us integrate the philosophy of " Groundbreaking Sprit" with " Ongoing Improvement" by efficient usage of Capital, Machines, Material and Human Resources.
Control of the Industry’s securities
Sl. No . Possession of the Company's securities/ shareholdersNo. of SharesAmount in Taka% of stocks and shares
1Summit Professional & Cargo Corporation (Pvt. ) Limited.
Summit Middle, 18 Kawran Bazar C/A, Dhaka4, 149, 700414, 970, 00092. 216 2Euro Link Investments Ltd.