Summit, Wartsila sign deal on gas generator purchase for power plants
Star Business Report
Summit Power Ltd, a local electricity generating company, has signed a contract with Wartsila Corporation of Finland for supply of a dozen of gas generator engines totalling around 105 megawatt power generation capacity to be installed in three locations of the country.This Tk 300 crore deal will help Summit set up three plants in Maona-Gazipur, Rupganj-Narayanganj and Jangalia of Comilla. The projects will be implemented against the recent award of build-own-operate deals to Summit by the government. The cost of electricity will be Tk 2.38 per kwh (equivalent to US cents 3.44). In a press release, Summit expressed hopes to implement these fast track projects in the most expeditious way. The plants will help the Palli Biddyut Samitys of these areas to become self-sufficient in electricity and more profitable than before. Muhammad Aziz Khan, chairman of Summit Group, and Alf Doctor, director (Sales) of Wartsila Finland Oy, signed the deal in Vaasa, Finland recently.
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Summit Power Ltd, a local electricity generating company, and Wartsila Corporation of Finland, a manufacturer of gas-based reciprocating engines, have recently entered into an agreement under which Wartsila will supply Summit with 12 units of gas generator with a production capacity of 8.73 megawatt each. Muhammad Aziz Khan, chairman of Summit Group, and Alf Doctor, director (Sales) of Wartsila Finland Oy, signed the deal in Vaasa, Finland. PHOTO: Summit Group of Companies |
