Success Milestones

2019
November 13

November 13, 2019

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

August 20, 2019

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

May 24, 2019

Baraka Shikalbaha Power Limited successfully started Commercial Operation of its 105 MW Power Plant
January 3

January 23, 2019

Successful completion of syndicated term loan arrangement with over subscription by IDCOL for Karnaphuli Power Limited amounting to USD 40 million and BDT 3310 millioin against USD 35 million and BDT 2240 milion respectively
2018
August 19

August 19, 2018

Baraka Shikalbaha Power Limited (a subsidiary of BPPL) signed PPA with BPDB and IA with the Government of Bangladesh
March 25

March 25, 2018

Baraka Power Limited signed EPC (Engineering, Procurement and Construction) contract with Karnaphuli Power Limited and Baraka Shikalbaha Power Limited
March 14

March 14, 2018

Signing of Engine Purchase Agreement with Wartsila Finland OY to purchase 06 nos. of Gen-Sets for Baraka Shikalbaha 105MW Power Plant
March 1

March 1, 2018

Fund Raising arrangement with UCBL for raising of BDT 2,639.80 million and USD 31.69 million for Baraka Shikalbaha Power Limited
March 1

March 1, 2018

Received LOI from BPDB for implementing a 105 MW IPP Power Plant under Baraka Shikalbaha Power Limited (a subsidiary of BPPL)
February 19

February 19, 2018

Baraka Power Limited is awarded the second position in power generation category in the ICMAB Best Corporate Awards-2016