Power Grid Company of Bangladesh
Active · Isle of Wight
Source: World Bank Group
In May 2006, the government of Bangladesh divested 25% of the state owned Power Grid Company of Bangladesh (PGCB) through an initial public offering (IPO). PGCB was incorporated in 1996 as a subsidiary of state-owned Bangladesh Power Development Board, and was engaged in the transmission of electricity in parts of Bangladesh.
PGCB was listed on the Dhaka Stock Exchange in May 2006. The total v
- Status
- Prospective
- Sector
- Government, Power Generation (CCGT)
- Location
- Isle of Wight, Bangladesh
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In May 2006, the government of Bangladesh divested 25% of the state owned Power Grid Company of Bangladesh (PGCB) through an initial public offering (IPO). PGCB was incorporated in 1996 as a subsidiary of state-owned Bangladesh Power Development Board, and was engaged in the transmission of electricity in parts of Bangladesh. PGCB was listed on the Dhaka Stock Exchange in May 2006. The total value of the offering was US$13.2 million (Tk 911 million), corresponding to a face value of US$14.50 (TK 1000) per share. As of December 2008, PGCB was owned by the government (76.25%) and private investors (23.75%) via the stock market. |
Original sector | Energy |
Budget |
Location
Country | Bangladesh |
State | Isle of Wight |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Power Generation (CCGT) |
Article published date | 2023-02-20 |
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