Summit Maona Power Plant

Basic Information 

  1. Name of the Power Plant: Summit Maona Power Plant 
  2. Location: Maona, Sreepur Gazipur-1740, Bangladesh 
  3. Capacity: 33 - 35 Megawatt 
  4. Fuel: Natural Gas 
  5. Technology: Reciprocating Engine  
  6. PPA Lifetime: 15 Years 
  7. Land Acquisition: Undisclosed 
  8. ESF Category: Red (according to Bangladesh Environmental Conservation Act 1995) 

Executing Agencies 

  1. Executing Company(s): Summit Uttaranchal Power Company Ltd. (SUPCL)  
  2. Sponsor Company(s): Summit Power Limited (SPL), Summit Industries (SI) and Mercantile Corporation (Pvt.) Limited (MCL)
  3. Power Purchasing Company: Rural Electrification Board (REB) 
  4. Financing Company(s): Infrastructure Development Company Limited (IDCOL) 
  5. Insurance Company(s): Undisclosed 
  6. EPC Contractor(s): Undisclosed 
  7. Technology Supplier: Wärtsilä, Finland 
  8. ESIA Consultant(s): Undisclosed 

Finance Information 

  1. Total Budget: Undisclosed 
  2. IDCOL Investment: BDT 150 million 
  3. Summit Group: Undisclosed

Important Dates 

  1. 15 January 2008: IDCOL approved a loan of USD million 
  2. 11 May 2009: Commercial Operation Date

Media Clippings