Summit Gazipur II power plant
Sector: Commercial • Location: Bangladesh
Source: World Bank Group
The project entails the construction of a 300 MW power plant in Kodda, Indonesia. SPV is Summit Gazipur II, a JV between the sponsors Singapore-headquartered Summit Power International through its subsidiaries Summit Corporation (80%) and Summit Power Limited (20%). Total investment stands at $ 207 million, of which $ 52 million provided by the sponsors as equity, while the rest are provided by Cl
- Status
- Prospective
- Sector
- Commercial, Power Generation (CCGT), Government
- Location
- Bangladesh
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a 300 MW power plant in Kodda, Indonesia. SPV is Summit Gazipur II, a JV between the sponsors Singapore-headquartered Summit Power International through its subsidiaries Summit Corporation (80%) and Summit Power Limited (20%). Total investment stands at $ 207 million, of which $ 52 million provided by the sponsors as equity, while the rest are provided by Clifford Capital $103 million and SMBC $52 million. PPA has a term of 15 years. Financial close took place on April 22, 2020. https://ijglobal.com/data/transaction/47229?name=Summit%20Gazipur%202%20Oil-Fired%20Power%20Plant%20(300MW)%20IPP&link=%2Farticles%2F147284%2Ffc-for-power-plant-in-bangladesh |
Original sector | Energy |
Budget |
Location
Country | Bangladesh |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Power Generation (CCGT), Government |
Article published date | 2024-09-21 |
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