Summit Meghnaghat II CCGT Power Plant
Sector: Natural Gas • Location: Bangladesh
Source: World Bank Group
The proceeds will be used by Bangladeshi Summit Power for its 583MW Meghnaghat II combined-cycle gas turbine (CCGT) power plant in Narayanganj, near Dhaka, Bangladesh. The SPV is Summit Meghnaghat II Power Company (SMIIPCL). JERA (TEPCO and Chubu Electric, 11% ownership each) and General Electric (78%) are the project sponsors. Debt and equity contributions stand at $349.50 million and $150 millio
- Status
- Prospective
- Sector
- Natural Gas, Wind, Power Generation (CCGT), Government, Commercial
- Location
- 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 |
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Description
Description | The proceeds will be used by Bangladeshi Summit Power for its 583MW Meghnaghat II combined-cycle gas turbine (CCGT) power plant in Narayanganj, near Dhaka, Bangladesh. The SPV is Summit Meghnaghat II Power Company (SMIIPCL). JERA (TEPCO and Chubu Electric, 11% ownership each) and General Electric (78%) are the project sponsors. Debt and equity contributions stand at $349.50 million and $150 million, resoectively. The total cost of the project is $500 million. Financial close took place on December 22nd, 2020. https://ijglobal.com/data/transaction/45847/summit-meghnaghat-ii-ccgt-power-plant-583mw-ipp |
Original sector | Energy |
Budget |
Location
Country | Bangladesh |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Wind, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-09-29 |
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