Corporate DisclosureSUMITPOWER

SUMITPOWER Corporate Disclosure — 22 September 2016

Published
Last verified by BullBD

Announcement summary

What happened
SUMITPOWER published a corporate disclosure on 22 September 2016. Read the full announcement for details.
Company
Summit Power Limited
Announcement published

Original announcement

With reference to their earlier news disseminated by DSE on 21.09.2016, the company has further informed that the estimated project cost for 149 MW dual fuel fired power project would be Tk. 675.00 crore with 70 to 30 Debt/Equity ratio for funding. The source of funding is yet to be finalized. Summit Power Limited would bear 64% of that equity once the project implementation would start after signing the (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b0000400613af
Original publication
Last verified by BullBD
Translation
BullBD
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