40178
SUMMIT MEGHNAGHAT II POWER COMPANY LIMITED
Dec 4, 2017
Bangladesh
South Asia
Jun 12, 2021
Multi Fuel - Thermal Power Generation
Infrastructure
Regional Industry - INF Asia & Pac
Other
Summit Meghnaghat II Power Company Limited (hereinafter referred to as “SMIIPCL” or the “Sponsor”), a wholly owned subsidiary of Summit Corporation Limited (“SCL”), is proposing to set up a dual fuel fired combined cycle power project with net generation capacity of 589.750 MW on Regasified Liquid Natural Gas (RLNG) and 541.220 MW on High Speed Diesel (HSD) at Meghnaghat Power Hub (hereinafter referred to as the “Project”), in Narayanganj District of Dhaka Division, Bangladesh. The project site is located approximately 40 km south-east of Dhaka on the north bank of River Meghna. SCL, subsidiary of Summit Power International Pte. Ltd. (“SPIPL”), an existing IFC client and the largest private sector power generation company in Bangladesh with an installed capacity of 1,423 MW.
The project cost is estimated to be around 515 million USD.