Summit Group has reported that 92% of its energy manufacturing capacity is for the time being lively.
In a press assertion this day (19 December), the crew mentioned that out of its 18 energy vegetation, which have a total capacity of 2,225 MW, absolute best five vegetation with a mixed capacity of 168 MW are for the time being in shutdown mode due to a gasoline scarcity, lack of demand from the authorities, or contract expirations.
Summit Strength Restricted, a publicly listed firm, owns 15 energy vegetation with a total capacity of 976 MW. Currently, 10 of these vegetation are operational, contributing a mixed capacity of 808 MW.
The five vegetation in shutdown mode encompass the vegetation in Ashulia, Madhabdi and Chandina due to gasoline provide limitations, though these vegetation have a energy have agreement (PPA) till 21 November 2028 below “no electricity, no payment” foundation.
A 102 MW HFO-primarily based fully mostly plant in Madanganj, Narayanganj is in shutdown mode because the authorities has no longer placed any electricity demand since mid-August this 365 days.
Now not owned by the listed firm, the three turbine energy vegetation — Summit Meghnaghat Strength Company, Summit Meghnaghat II Strength Company and Summit Bibiyana Strength Company with a total set up in capacity of 1,279 MW are operational.
Summit Group’s all 18 energy vegetation are below the umbrella of Summit Corporation Restricted that additionally operates Bangladesh’s 2d floating storage and regasification unit (FSRU) with a capacity of 500 million approved cubic ft per day.
