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  • Success Milestones
2019

January 23, 2019

Successful completion of syndicated term loan arrangement with over subscription by IDCOL for Karnaphuli Power Limited amounting to USD 40 million and BDT 3310 millioin against USD 35 million and BDT 2240 milion respectively

May 24, 2019

Baraka Shikalbaha Power Limited successfully started Commercial Operation of its 105 MW Power Plant

August 20, 2019

Karnaphuli Power Limited successfully started Commercial Operation of its 110 MW Power Plant

November 13, 2019

Formal Inauguration of 110 MW Karnaphuli Power Plant and 105 MW Baraka Shikalbaha Power Plant by the Honarable Prime Minister, Sheikh Hasina

2018

February 4, 2018

Karnaphuli Power Limited (a subsidiary of BPPL) signed PPA with BPDB and IA with the Government of Bangladesh

February 19, 2018

Baraka Power Limited is awarded the second position in power generation category in the ICMAB Best Corporate Awards-2016

March 1, 2018

Received LOI from BPDB for implementing a 105 MW IPP Power Plant under Baraka Shikalbaha Power Limited (a subsidiary of BPPL)

March 1, 2018

Fund Raising arrangement with UCBL for raising of BDT 2,639.80 million and USD 31.69 million for Baraka Shikalbaha Power Limited

March 14, 2018

Signing of Engine Purchase Agreement with Wartsila Finland OY to purchase 06 nos. of Gen-Sets for Baraka Shikalbaha 105MW Power Plant

March 25, 2018

Baraka Power Limited signed EPC (Engineering, Procurement and Construction) contract with Karnaphuli Power Limited and Baraka Shikalbaha Power Limited

August 19, 2018

Baraka Shikalbaha Power Limited (a subsidiary of BPPL) signed PPA with BPDB and IA with the Government of Bangladesh

2017

May 22, 2017

Acquired 51% equity ownership of Bela Fashions Limited (a 100% export oriented newly build compliance running Ready-Made-Garments factory)

August 8, 2017

Received LOI from BPDB for implementing a 110 MW IPP Power Plant under Karnaphuli Power Limited (a subsidiary of BPPL)

September 18, 2017

Signing of Engine Purchase Agreement with Wartsila Finland OY to purchase 06 nos. of Gen-Sets for Karnaphuli 110MW Power Plant

October 18, 2017

Fund Raising Agreement with IDCOL for raising of BDT 2,800 million and USD 35 million for Karnaphuli Power Limited

2016

October 20, 2016

Signed Strategic Partnership Agreement with UCEP

2015

January 20, 2015

Achieved ICMAB Best Corporate Award – 2014

April 10, 2015

Successful Commissioning of Steam Turbine Generation (STG) of BPPL

2014

January 21, 2014

Signed Term Loan of USD 21.975 million funded by the World Bank for BPPL

April 27, 2014

Achieved ICMAB Best Corporate Award – 2013

May 4, 2014

Started Commercial Operation of BPPL

August 31, 2014

Successful Commissioning of Flue Gas Desulfurization System of BPPL

2013

January 12, 2013

Achieved Best Corporate Award – 2012 from ICMAB

March 20, 2013

Signed Syndicated Term Loan facility of BDT 2,205 million for BPPL

August 29, 2013

Sanctioned Term Loan of USD 04 million by IDCOL

November 1, 2013

Signed Flue Gas Desulfurization (FGD) Equipment purchased contract for BPPL

2012

January 24, 2012

Sub Station Equipment Supply Contract with Siemens Bangladesh Limited for BPPL

February 15, 2012

Exhaust Gas Secondary Power Plant Supply Contract with Greens Power Ltd, UK for BPPL

2011

February 1, 2011

Publication of Prospectus

April 6, 2011

Drawing of IPO Lottery

May 16, 2011

Listing of Shares with Stock Exchange

May 19, 2011

Started trade of Shares

July 31, 2011

Signed an agreement with BPDB to build a 50 MW Power Plant at Patenga, Chattogram by formation of new company named Baraka Patenga Power Limited (BPPL)

October 19, 2011

Gen Set Supply Contract with Rolls Royce Marine AS, UK for BPPL

2010

April 3, 2010

Formal Inauguration by Honorable Prime Minister

September 1, 2010

Awarded ISO 9001:2008 Certification for Quality Management System

September 6, 2010

Accomplished Credit Rating by CRAB (Rating Long Term AA2)

October 14, 2010

Submitted Draft Prospectus to Securities and Exchange Commission for approval of Initial Public

December 28, 2010

Approval of Prospectus for IPO

2009

January 22, 2009

Signed syndicated term loan facility of BDT 1,250 million

October 10, 2009

Started Commissioning

October 24, 2009

Started Commercial Operation

2008

January 21, 2008

Notification of Award issued by BPBD

April 28, 2008

Signed Project Agreement with BPDB

June 22, 2008

Gas-Supply Agreement with Jalalabad Gas Transmission and Distribution System Ltd (JGTDSL)

August 12, 2008

Gen-Set Supply Contract with GE Jenbacher, Jenbach, Austria

September 25, 2008

Conversion from Private to Public Limited Company

September 29, 2008

Sub Station Equipment Supply Contract

November 24, 2008

GAS RMS Supply Contract

2007

June 26, 2007

Incorporated as Private Limited Company

Baraka Power Limited
  • 6/A/1 (1st & 2nd Floor), Segunbagicha, Dhaka - 1000 Bangladesh
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