THE BANGLADESH

Details & Description

Incorporated in Singapore, Summit Power International (SPI) is a leading infrastructure developer and operator in South Asia. SPI comprises a group of businesses, which focus on developing, owning and operating power generating and LNG infrastructure assets. Our portfolio produces reliable energy for sale to governments and state utilities, and in return provides long-term, predictable revenue streams for investors.

SPI established Bangladesh’s first independent power plant in 1997, and is now the largest Independent Power Producer (IPP) in the country, reflecting 17% of Bangladesh’s total private installed capacity and 7% of Bangladesh's total installed capacity. SPI owns and operates a total of 18 power plants in operation or under development with total capacity of 2,255 MW, a further 277 MW through its associate company Khulna Power Company Limited (KPCL), and operates Bangladesh’s second Floating Storage and Regasification Unit and LNG import terminal with a capacity of 500 mmcf/d. We are also actively exploring sustainable energy generation opportunities in Bangladesh, the neighbouring countries and in Southeast Asia. We identify portfolio-enhancing opportunities – both greenfield sites and existing power assets – which offer significant value to the power needs of the country and our stakeholders. Under Power Purchase Agreements (PPA), we establish long-term, contractually backed concession agreements with governments and state utilities. In return, Summit Power International receives stable revenue streams based on contracted capacity payments.

Over two decades, we have developed substantial expertise in project development, structuring and financing capabilities. Our team of highly experienced infrastructure specialists has worked in consortiums with multinationals, financial institutions and government agencies to invest in projects across Bangladesh.

As front-runners in the use of advanced technologies, we partner with top-tier equipment manufacturers to ensure our projects are developed using the latest and most efficient technologies. Summit Power International has a track record in working with world-leading engineering, procurement and construction (EPC) contractors, and original equipment manufacturers (OEM) services to construct and maintain projects, ensuring the highest quality standards.

Our Vision

We aspire to be the leading provider of energy solutions in Asia and deliver sustainable long-term value to all our stakeholders.

Our Mission 

Our mission is to support economic development and transform the social landscape of Asia through the provision of reliable, affordable and efficient sources of electricity.

Phone: 880255012601

Email: enquiry@summit-centre.com