SHAHJUBAZAR POWER COMPANY LIMITED DSE: SPCL BLOOMBERG: SPCL:BDMarch 12th, 2015
FiledMarch 12th, 2015Shahjibazar Power Company Ltd. (SPCL) was incorporated on 4 November 2007 and started commercial operation on 10 February 2009. The principal activity of the Company is to set up power plants for generation and supply of electricity. SPCL produces electricity from natural gas and supply to Bangladesh Power Development Board (BPDB). The agreement for supply of power with Bangladesh Power Development Board (BPDB) held on 14th February, 2008 for 15 Years on Build-Own- Operate (BOO) basis. SPCL had also signed an agreement with Jalalabad Gas Transmission and Distribution System Ltd. (JGTDSL) for a term of 15 years to supply gas. The capacity of its power plants is 86 MW situated at Hobigonj.