Success Milestones
  • Successfully confronted the COVID-19 pandemic by following Government Instructions and by the grace of the Almighty.

    2020
  • Successful completion of syndicated term loan arrangement with over subscription by IDCOL for Karnaphuli Power Limited amounting to USD 40 million and BDT 3310 million against USD 35 million and BDT 2240 million respectively

    23 January 2019
  • Baraka Shikalbaha Power Limited successfully started Commercial Operation of its 105 MW Power Plant

    24 May 2019
  • Karnaphuli Power Limited successfully started Commercial Operation of its 110 MW Power Plant

    20 August 2019
  • Formal Inauguration of 110 MW Karnaphuli Power Plant and 105 MW Baraka Shikalbaha Power Plant by the Honorable Prime Minister, Sheikh Hasina

    13 November 2019
  • Karnaphuli Power Limited (a subsidiary of BPPL) signed PPA with BPDB and IA with the Government of Bangladesh

    04 February 2018
  • Received LOI from BPDB for implementing a 105 MW IPP Power Plant under Baraka Shikalbaha Power Limited (a subsidiary of BPPL)

    01 Murch 2018
  • Fund Raising arrangement with UCBL for raising of BDT 2,639.80 million and USD 31.69 million for Baraka Shikalbaha Power Limited

    01 March 2018
  • Signing of Engine Purchase Agreement with Wartsila Finland OY to purchase 06 nos. of Gen-Sets for Baraka Shikalbaha 105MW Power Plant

    14 March 2018
  • Baraka Shikalbaha Power Limited (a subsidiary of BPPL) signed PPA with BPDB and IA with the Government of Bangladesh

    19 August 2018
  • Received LOI from BPDB for implementing 110 MW IPP power plant namely Karnaphuli Power Ltd. (a subsidiary of BPPL)

    08 August 2017
  • Signed Engine Purchase Agreement with Wartsila Finland OY to purchase 06 nos. of Gen-Sets for Karnaphuli 110 MW Power Plant

    18 September 2017
  • Fund Raising Agreement with IDCOL for raising of BDT 2,800 million And USD 35 million For Karnaphuli Power Ltd.

    18 October 2017
  • Signed Strategic Partnership Agreements with UCEP

    20 October 2016
  • Exhaust Gas Secondary Power Plant started Commercial Operation

    10 April 2015
  • Signed Term Loan Facility of USD 21,975 million funded by IDA of World Bank

    21 January 2014
  • Converted into Public Limited Company

    28 April 2014
  • Commercial Operation Started

    04 May 2014
  • Flue Gas Desulfurization (FGD) plant started commercial operation

    07 September 2014
  • Signed Syndicated Term Loan Facility of BDT 2,205 million

    20 March 2013
  • Signed Flue Gas Desulfurization (FGD) equipment Purchase Contract

    01 November 2013
  • Substation equipment purchase contract with Siemens Bangladesh Ltd.

    24 January 2012
  • Exhaust Gas Secondary Power Plant purchase contract with Greens Power Limited

    24 February 2012
  • Incorporated as Private Limited Company

    07 June 2011
  • PPA & IA signed with BPDB & MPEMR

    31 July 2011
  • Gen Set purchase agreement signed with Rolls Royce AS, UK

    31 July 2011