United Power Generation Co. Ltd IPO News


United Power Generation & Distribution Co. Ltd IPO Subscription open from 18 th May 2014 under Book building Method.                                          
                                                                                                                                       If energy is the lifeblood that runs through the veins of the economy, the industries are the organs that make up the system itself. 
By now, no one needs to be told about the crippling effect that load shedding has on daily life. But bring industries into the picture and it is then that this problem becomes chronic. With less power, factories across the nation perform less efficiently. A less efficient factory will be contributing lower to the exchequer than an optimized one. Hence, with lower funds, less will be invested towards the power sector, and so on and so forth.

United Power Generation & Distribution Co. Ltd IPO News will get from here.

Thus in January 2007 United Power Generation & Distribution Co. Ltd. (formerly known as Malancha Holdings Ltd.) was born out of the necessity for uninterrupted, quality power supply to the industries housed within the Export Processing Zones (EPZ) of Bangladesh. Currently operating a 35 megawatt unit in Dhaka EPZ and a 44 megawatt unit in Chittagong EPZ, this company allows its clients to concentrate only on their core business rather than worrying about their energy requirements. The total project cost of the plants stand imageat Tk. 3750 million and is powered by the latest Wartsila gas engines with the ability to produce 8.73 megawatts of electricity each. High voltage 33/11 KV substations comprising of two 16/25 MVA, 11/33 KV power transformers along with required length of 11 KV distribution lines have been built by UPGD under each of the two project sites. Thus UPGD has constructed multidisciplinary infrastructures like power generation, high voltage transmissions and distribution and high/low pressure gas pipelines for the project. In effect, this makes us the only true independent power generation and distribution company in all senses of the term. It is a model that we plan to replicate across all the EPZs of the country.
On top of this unique achievement, UPGD has been regularly providing its surplus energy to the Rural Electrification Board (REB) of Bangladesh, thus lighting up thousands of homes across the nation. We can only hope that one day our approach to power generation will make our country a shining beacon within the Asian region.






United Power Generation & Distribution Co:
United Center
House#NW(J)6, Road#51
Gulshan – 2, Dhaka-1212
Bangladesh
PABX: +8802-9861000 (10 Lines), +8802-8850161-5
Fax: +8802-9893445, +8802-9893446
E-mail: info@united.com.bd
http://www.united.com.bd

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