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.
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 at 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
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