Corporate DisclosureSUMITPOWER
SUMITPOWER Corporate Disclosure — 27 September 2021
Announcement summary
- What happened
- SUMITPOWER published a corporate disclosure on 27 September 2021. Read the full announcement for details.
- Company
- Summit Power Limited
- Announcement published
Original announcement
The Company mentioned that the power purchase agreement with BPDP regarding Madanganj Power Plant with 102 MW capacity expired on 31 March, 2021. The operation at this plant is suspended now. A proposal for extension of the PPA of this plant is under active consideration of the Government of Bangladesh under 'no-electricity, no-payment' without any guaranteed off-taka.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400525c0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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