Baraka Power won ICMAB Best Corporate Award 2019

Baraka Power Limited received ICMAB Best Corporate Award 2019 in the power generation category. This is the 4th times that Baraka Power Limited has received this recognition from the ICMAB for excellence in corporate governance.

Honorable Minister for Commerce Ministry, Mr. Tipu Munshi, MP, handed over the prestigious award to Mr. Fahim Ahmed Chowdhury, Managing Director and Mr. Monzur Kadir Shafi, Director of the Company. Professor Shibli Rubayat-Ul-Islam, Chairman of BSEC, Dr. Md Jafar Uddin, Secretary, Ministry of Commerce and AKM Delwer Hussain FCMA, President of SAFA were present as the special guests.

In addition, along with other senior officials Mr. Monowar Ahmed, Chief Financial Officer and Mr. Md. Saiful Islam Chowdhury, Company Secretary of Baraka Power Limited were present at the award ceremony held at the Hotel Radisson Blu Dhaka Water Garden, Dhaka on 25th February 2021.

SYLHET MIRROR AWARD CEREMONY

The Daily Sylhet Mirror organized a Gala event on 25th of July 2019 on its first anniversary. Through contributing in various field of the society; especially in education, culture, literature and journal ism for a long    time.    The   ·recipients   who were e being awarded in different categories were; Principal Parimal  Kanti  Dey awarded in education category, Nizamuddin  Lashkar awarded in culture, Masiul  Alam in literature and Abed Khan in journalism. Foreign Minister of the Government of the People’s Republic of Bangladesh Dr. A.K. Abdul Monem was present as the chief guest of the program. Mayor of Sylhet City Corporation Mr. Ariful Haque was present as the special guest of the program. Mr. Faisal Ahmed Chowdhury, Chairman and Mr. Gulam Rabbani Chowdhury, Managing Director of Baraka Group were present on the occasion. The visiting guests expressed the need of organizing such kind of events and thanked the management of Sylhet Mirror magazine.

COD OF BSPL & KPL

Port and commercial city ‘Chattogram’. The Karnaphuli River, in one hand, has provided the city with business opportunities. On the other hand, it has increased its beauty manifold. Baraka Group’s relationship with this city is more than 5 years. Baraka Group has been partnering with the socio-economic development of Bangladesh by building new power plants since its inception. In the same section, the Baraka Group adopted two new power projects in Chattogram. Baraka Group has established two large power generating companies at the Shikalbaha, Chattogram on the bank of the Karnaphuli River. One is Baraka Shikalbaha Power Limited (BSPL) and the other is Karnaphuli Power Limited (KPL). Shikalbaha Power Limited has a capacity of 105MW and Karnaphuli Power Limited has a capacity of 110MW. Two agreements were signed with Bangladesh Power Development Board (BPDB) to implement the projects. To this end, the Baraka Group purchased about 14 acres of land and implemented two projects within the same premises. Later, Baraka group has purchased 12 engines for two projects from Finland’s world-renowned power generating engine maker, Wartsila. The furnace oil will be used as a refueling in two of these power plants. In addition to generating electricity at KPL, an additional 6 MW will be generated through the turbine by utilizing the emitted steam. To protect the balance of the environment, the oil mixed water will be purified with a water treatment plant (WTP) before release into the river. The aesthetic beauty of the plant has increased manifold as the plant’s location is surrounded by Karnaphuli River. At the same time, it will be easier for the company to transport fuel oil by lighter ships along the river. BSPL, which has a capacity of 105 MW, has started commercial production of electricity and supply to the national grid from 24th May 2019 and KPL, which has a capacity of 110 MW, has started commercial production of electricity and supply to the national grid from 18th August 2019.