Summit Power Ltd 2020 AR2
The report highlights Summit Power Limited's operational resilience during the COVID-19 pandemic, maintaining uninterrupted power supply to the national grid in Bangladesh. During the 2019-20 fiscal year, the company generated 2,674,757 MWh of electricity across its 15 operational power plants, which have a total installed capacity of 976 MW. Financially, the company achieved a net profit after tax of BDT 8,485 million, representing a 16.5% increase over the previous year. Summit Gazipur II Power Limited secured USD 140 million in project financing from international commercial lenders. Additionally, the company invested approximately BDT 30 million in community development and COVID-19 relief efforts.
Company: Summit Power Ltd
Sector: Energy utilities
Country: Bangladesh
Year: 2020
Type: AR2
Pages: 214
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Summit Power Ltd
Annual Report
The report highlights Summit Power Limited's operational resilience during the COVID-19 pandemic, maintaining uninterrupted power supply to the national grid in Bangladesh. During the 2019-20 fiscal year, the company generated 2,674,757 MWh of electricity across its 15 operational power plants, which have a total installed capacity of 976 MW. Financially, the company achieved a net profit after tax of BDT 8,485 million, representing a 16.5% increase over the previous year. Summit Gazipur II Power Limited secured USD 140 million in project financing from international commercial lenders. Additionally, the company invested approximately BDT 30 million in community development and COVID-19 relief efforts.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees