Summit Power Ltd 2022 AR2
The report highlights Summit Power Limited's operational and financial performance for the fiscal year 2021-22, during which the company maintained an installed capacity of 976 MW across 15 power plants. The company signed a Memorandum of Understanding with JERA Asia to develop a Carbon Neutral Roadmap, supporting Bangladesh's Paris Agreement goals. Additionally, the company initiated steps to acquire a 23.5% stake in the ONGC Tripura Power Company, marking its first international investment. Despite global energy challenges, the company achieved a consolidated net profit of BDT 6,730 million and recommended a 20% cash dividend.
Company: Summit Power Ltd
Sector: Energy utilities
Country: Bangladesh
Year: 2022
Type: AR2
Pages: 256
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Summit Power Ltd
Annual Report
The report highlights Summit Power Limited's operational and financial performance for the fiscal year 2021-22, during which the company maintained an installed capacity of 976 MW across 15 power plants. The company signed a Memorandum of Understanding with JERA Asia to develop a Carbon Neutral Roadmap, supporting Bangladesh's Paris Agreement goals. Additionally, the company initiated steps to acquire a 23.5% stake in the ONGC Tripura Power Company, marking its first international investment. Despite global energy challenges, the company achieved a consolidated net profit of BDT 6,730 million and recommended a 20% cash dividend.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Apr 25, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Workplace Fatalities
Employees