Doreen Power Generation sells Narsingdi plant assets

Date:

Post View:

Doreen Power Generation sells Narsingdi plant assets

B Mirror Report:The board of listed company Doreen Power Generation has signed an agreement to sell all permanent assets of its Narsingdi power plant for Tk 10.2 crore, according to information from the Dhaka Stock Exchange (DSE).

The 22-megawatt Narsingdi plant’s 15-year contract with the Bangladesh Rural Electrification Board (BREB) has expired, and BREB has informed that it will not renew the agreement. In response, the company decided to sell all the plant’s permanent assets.

Following this decision, Doreen Power signed a contract with KPI Trading Company for the sale. The deal includes the plant’s generator, transformer, radiators, engine hall, buildings, electric cables, switchgear, panels, batteries, equipment, and accessories, all for Tk 10.2 crore.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

‘Super Sale Car Bazaar’ at ICCB Thrives Despite Rain

B.Mirror Desk: Car trading activities in the capital continued...

Community Bank Bangladesh holds its 81st Board Meeting

The 81st Board Meeting of Community Bank Bangladesh PLC....

IDLC conclave urges greater corporate participation in capital market

IDLC Investments Limited, a subsidiary of IDLC Finance PLC,...

BB’s Tk 62,000 crore stimulus fund faces slow loan disbursement

Bangladesh Bank’s Tk 62,000 crore stimulus fund, aimed at...