Success Milestones       

:Global CSR Excellence & Leadership Award
Summit Power Limited (SPL) won the prestigious “Global CSR Excellence & Leadership Award” presented by the World CSR Congress in Mumbai, India. 

  February 18, 2015

In the category of Power Generation, Summit Power Limited and its subsidiary company Summit Purbanchol Power Company Limited attained the “ICMAB Best Corporate Award 2014”, first and the second positions respectively for its efforts to establish corporate governance.

  January 20, 2015

 

Summit Meghnaghat Power Company Limited (SMPCL), a new associate company of Summit Power Limited received the "Best Power Generation Project Award 2014" in Private Sector Power Generation by the Government of the country.

  December 11, 2014
: The Company received 2nd prize in the category of General Manufacturing Sector of 1st ICSB National Award 2013 of Institute of Chartered Secretaries of Bangladesh (ICSB) for Corporate Governance Excellence.

  December 04, 2014
 Summit Power Limited acquired 30% shares of another group company named, Summit Meghnaghat Power Company Limited (SMPCL), which is a dual fuel (Natural Gas/ liquid Fuel Oil) fired combined cycle power plant located at Meghnaghat, Naryanganj with net capacity of 335 MW on gas and 305 MW on HFO.

  December 02, 2014

ICMAB Best Corporate Award 2013 Summit Power Limited received the “ICMAB Best Corporate Award 2013”, First Position in the power companies’ category for its efforts to establish corporate governance by the Institute of Cost and Management Accountants of Bangladesh (ICMAB).
  April 28, 2014
     

13th ICAB National Award for Best PresentedAnnual Reports 2012On the occasion of 13th ICAB National Award for Best Presented Annual Reports 2012, Summit Power Limited (SPL) received ICAB National Award, Certificate of Merit for ‘Best Published Accounts and Reports 2012’ under Non Financia
  December 24, 2013

Best Power Generation Company Award 2013 in
Private Sector Power Generation Summit Purbanchol Power Company Limited, a subsidiary of Summit Power Limited has received the “Best Power Generation Company” award in private sector power generation in a grand ceremony organized to celebrate the milestone achievement of 10,000 MW of electricity generation in Bangladesh at Bangabandhu International Convention Centre. The award was handed over by the Honorable Prime Minister to the Chairman of Summit Group Mr. Muhammed Aziz Khan.
  November 12, 2013

Summit Power Limited (SPL) received the certificates of ISO 9001: 2000 – Quality Management System (QMS), ISO 14001: 2004 – Environmental Management System (EMS), BS OHSAS 18001 : 2007 – Occupational Health & Safety (OH&S) for successful implementation of Integrated Management System (IMS).
  December 26, 2012

Bangladesh Securities and Exchange Commission (BSEC) gave its consent for raising of capital through Initial Public Offer (IPO) and issuance of prospectus by Summit Purbanchol Power Company Limited.
  October 11, 2012

Summit Narayanganj Power Limited (SNPL) received the certificates of ISO 9001: 2000 – Quality Management System (QMS), ISO 14001: 2004 – Environmental Management System (EMS),BS OHSAS 18001: 2007 – Occupational Health & Safety (OH&S) for successful implementation of integrated Management System (IMS).
  October 08, 2012

The Company received “International Star for Leadership in Quality Award” in Paris in Gold Category for its outstanding business achievements, for perseverance and leadership in excellence, and quality in accordance with the QC 100 Criteria from Business Initiative Directions (BID), an organization whose primary objective is oriented towards sharing quality culture in leading companiesworldwide.
  June 25, 2012

Summit Power Limited was awarded the “Best Corporate Award” in the power companies’ category in 2012 for its efforts to establish corporate governance by the Institute of Cost and Management Accountants of Bangladesh (ICMAB).
  January 12, 2012
Acquisition of 18.7%, i.e. - 53,955,326 numbers of ordinary shares of Khulna Power Company Limited (KPCL).   December 28, 2011
SNPL has managed to achieve a foreign currency term  loan of USD 45 million at lower interest rate from DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and FMO - Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V.   September 13, 2011
Best Presented Accounts and Corporate Governance Disclosures Awards 2010 by South Asian Federation of Accounts (SAFA): Merit   November 29, 2011
11th ICAB National Awards for Best Published Accounts and Reports 2010 (Manufacturing): 2nd Position   October 04, 2011
Asian Power Awards 2011- Best Fast Track Project in Asia for Construction of SNPL in 270 Days   September 28, 2011
     
Signing of Project Agreement with BPDB to                               June 23, 2010
Incorporation of Summit Narayanganj Power Limited           
(55% subsidiary of Summit Power Limited)
  May 04, 2010
     
Commercial operation at Jangalia, Comilla                                         June 24, 2009
Commercial operation at Rupganj, Narayanganj                       June 09, 2009
Commercial operation at Maona, Gazipur                                    May 11, 2009
Commercial operation at Ullapara, Sirajgonj                             March 02, 2009
     
Signing of Syndicated Term Loan Facility of BDT 395.50 billion             
for setting up 110 MWh Power Plants of Summit’s Subsidiaries.
  July 27, 2008
Allotment of Rights Share                                                                April 21, 2008
Subscription opens for Rights Share                                         March 09, 2008
Approval for issuance of Rights Share                                                January 29, 2008
     
Commercial 0peraion at Ashulua expansion project                               December 04, 2007
Signing of Project Agreements with REB, BPDB & GOB to                   
Implement total 110MW power plants (04 nos) through its two
Subsidiary Companies.  
  October 11, 2007
Increase the Authorized Share Capital of the company (SPL)  through EGM For issuance of Rights Share at the ratio of 5:4   September 29, 2007
Incorporation of Summit Uttaranchol Power Company Limited     (99% subsidiary of Summit Power Limited)   August 15, 2007
Incorporation of Summit Purbanchal Power Company Limited
(99% subsidiary of Summit Power Limited)
  August 15, 2007
     
Commercial operation at Madhabdi expansion project                           December 16, 2006
Commercial operation at Comilla expansionproject                              November 15, 2006
Signing of Project Agreements for expansion                                   
at Ashulia, Savar with REB & GOB
  March 20, 2006
     
First Trading in Stock Exchanges     November 15, 2005
Listing with Dhaka Stock Exchange Limited    November 10, 2005
Listing with Chittagong Stock Exchange Limited   October 23, 2005
Allotment of IPO shares   October 03, 2005
Subscription opens for public     August 27, 2005
Publication of Prospectus    June 28, 2005
Signing of Project Agreements for expansion at Madhabdi and Comilla with REB & GOB   June 28, 2005
Approval of Prospectus from Securities & Exchange Commission   June 25, 2005
Agreement with CDBL    June 19, 2005
Credit Rating by CRISL      March 29, 2005
Appointment of Issue Manager    January 13, 2005
     
Conversion from private to public limited company   June 07, 2004   
     
Commercial operation at Comilla     June 02, 2001
Commercial operation at Narshingdi                                         April 01, 2001
Commercial operation at Savar                                                          February 08, 2001
     
     
Signing of Project Agreements with REB & GOB                                   February 10, 2000
     

 

CDBL     – Central Depository Bangladesh Limited  
CRISL    -Credit Rating Information & Services Limited
GOB      - Government of Bangladesh
REB       - Rural Electrification Board
SEC       - Securities & Exchange Commission
DSE       - Dhaka Stock Exchange Limited
CSE       - Chittagong Stock Exchange Limited
IPO       – Initial Public Offering
SPL       - Summit Power Limited
SNPL     - Summit Narayanganj Power Company Limited