Summit Group has borrowed Tk 40 billion from an international consortium comprising companies of, among others, DEG of Germany, FMO of the Netherlands and Standard Chartered Bank. The loan, which carries an interest rate of 4.5 percent, will be used to help 335MW Summit Meghnaghat power plant and 341MW Summit Bibiyana II plant for commercial production.
Dhaka Sunday, Jun 28, 2026
- Bangladesh clearing Adani dues as Godda power supply remains steady: Adani Power
- PM urges global leaders to turn climate pledges into action
- No Plan to Provide New Gas Connections to Household Sector
- It Will Take Time to Break Free from the Cycle of Corruption in the Power Sector: Information Minister
- Electricity Prices Increased for All Consumers
- Approval Given to Purchase Three LNG Cargoes
- Diesel, Kerosene Prices Cut By 50p For November
- AI Boom To Fuel Natural Gas Demand In Coming Years, Report Says
- Bangladesh signs €477m deals with EU and EIB for renewable energy and more
- The Current Oil Price Rally Is Reaching Its Limits
March 25, 2015