Baraka Patenga Power Limited
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Success Milestones:-

Major events Year
Signing of PPA & IA with BPDB & MPEMR 31 July 2011
Gen Set Purchase Contract with Rolls Royce Marine AS, UK 19 October 2011
Substation Equipment Purchase Contract with Siemens Bangladesh Ltd. 24 January 2012
Exhaust Gas Secondary Power Plant Purchase Contract with Greens Power Ltd., UK 24 February 2012
Signing of Syndicated Term Loan facility of BDT 2,205 million 20 March 2013
Flue Gas Desulfurization (FGD) Equipment Purchase Contract 01 November 2013
Signing of Term Loan facility of USD 21.975 million funded by World Bank 21 January 2014
Capital raised through existing and other than existing shareholders 30 April 2014
Started Commercial Operation 04 May 2014
Successful Commissioning of Flue Gas Desulfurization 31 August 2014
Successful Commissioning of Steam Turbine Generation (STG) 10 April 2015
Received LOI from BPDP for implementing 110 MW IPP Power Plant under Karnaphuli Power Limited 8 August 2017
Signing of Engine Purchase Agreement with Wartsila Finland OY to purchase 06 nos. of Gen-Sets for Karnaphuli Power Plant, capacity of 110 MW 18 September 2017
Fund Raising Agreement with IDCOL for Karnaphuli Power Limited 18 October 2017
Signing of Term Sheet with LankaBangla Finance Limited for raising fund through Preference Share for Karnaphuli Power Limited 19 October 2017
Signing of PPA & IA for implementing 110 MW IPP Power Plant under Karnaphuli Power Limited 04 February 2018
Received LOI from BPDP for implementing 105 MW IPP Power Plant under Baraka Shikalbaha Power Limited 28 February 2018