Incorporated in Singapore, Summit Power International (SPI) is a leading infrastructure developer and operator in South Asia. SPI comprises a group of businesses, that focus on developing, owning and operating power-generating and LNG infrastructure assets. Their 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 a 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.
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The company has not participated in any projects.
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Singapore-based Summit Power International has confirmed plans for the next phase of development of a 500-MW offshore wind farm in Bangladesh. The Bangladesh government has granted preliminary approv...
Read moreIn a move to establish major energy infrastructure, including power generation projects in Bangladesh, JERA Co., has acquired a 22% stake in Summit Power International Limited for US$330 million. Sum...
Read moreSummit and GE Power will proceed with the co-development of Summit Meghnaghat II, a 583 MW combined cycle gas power plant at Meghnaghat, near Dhaka, Bangladesh. The announcement follows the signing o...
Read moreSummit Power International has announced that its subsidiary Summit Corporation Limited has signed a Memorandum of Understanding (MoU) with Mitsubishi Corporation and its subsidiar...
Read moreIFC, IFC Emerging Asia Fund, and EMA Power have invested US$175.5 million to finance local independent power producer, Summit Group's future power projects in energy-scarce Bangladesh.
Read moreBangladesh's Summit Group and a unit of General Electric Co. have announced the opening of a 360 MW power plant in the north western district of Sylhet, Bnagladesh.
Read moreSummit Power has appointed Jason Crew as chief executive officer and member of the board of directors effective Oct. 6, 2014. Current Summit CEO Eric Redman will assume the role of co-chairman of the...
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