Summit Power Ltd 2024 AR2
The report highlights Summit Power Limited's performance for the fiscal year 2023-24, showcasing its resilience as Bangladesh's leading Independent Power Producer with a total installed capacity of 976 MW. Despite challenges like currency depreciation and payment delays, the company maintained a AAA credit rating and recommended a 10% cash dividend. The report details the company's transition to a strategic leadership structure and its commitment to sustainability, highlighted by the award-winning 'Summit-Friendship Solar Village' project. Additionally, it outlines the company's adherence to the Integrated Reporting Framework and its alignment with the UN Sustainable Development Goals.
Company: Summit Power Ltd
Sector: Utilities
Country: Bangladesh
Year: 2024
Type: AR2
Pages: 268
Summit Power Ltd
Annual Report
The report highlights Summit Power Limited's performance for the fiscal year 2023-24, showcasing its resilience as Bangladesh's leading Independent Power Producer with a total installed capacity of 976 MW. Despite challenges like currency depreciation and payment delays, the company maintained a AAA credit rating and recommended a 10% cash dividend. The report details the company's transition to a strategic leadership structure and its commitment to sustainability, highlighted by the award-winning 'Summit-Friendship Solar Village' project. Additionally, it outlines the company's adherence to the Integrated Reporting Framework and its alignment with the UN Sustainable Development Goals.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees