Summit Group: Transforming Lives and Powering Nations in South Asia

Summit Group, operating under the umbrella of Summit Power International (SPI), is a prominent player in the field of infrastructure development and operation in South Asia. With a focus on power generation and LNG infrastructure assets, SPI plays a vital role in providing reliable energy to governments and state utilities while ensuring attractive returns for investors.

As the largest Independent Power Producer in Bangladesh, Summit Group owns and operates numerous power plants and has made significant contributions to the country’s energy landscape. Committed to sustainable energy solutions, the group actively explores opportunities in Bangladesh, neighboring countries, and Southeast Asia.

With a vision to be a leading energy solutions provider, Summit Group aims to drive economic development and positively transform societies through reliable and efficient electricity sources.

At A Glance: Summit Group

Brief History of Summit Group

Summit Group, established in 1997 in Dhaka, Bangladesh, is a subsidiary of Summit Power International based in Singapore. Led by Chairman Muhammed Aziz Khan, the group has made significant strides in various sectors. In 2004, Summit Power became a public limited company, and Summit Communication received a nationwide telecommunication transmission network license in 2009.

The group has also ventured into building a hi-tech park in Gazipur through Summit Technopolis. With a focus on power generation, Summit Group merged several power companies under Summit Power. Recently, the group achieved recognition from the government of Bangladesh, receiving the second-highest capacity charge.

List of Major Companies and Notable Projects of Summit Group

The Major Companies of Summit Group are the following:

• Summit Power Limited.
• Summit Turbine Division.
• Summit Communications Ltd.
• Summit Shipping Ltd.
• Summit Industrial & Mercantile Corporation (Pvt.) Ltd.
• Summit Asia Pacific Pte. Ltd.
• Summit Technopolis
• Summit Towers Ltd.
• Summit Developers Ltd.
• Khulna Power Company Limited (associated company)
• Resources & Solutions Ltd.
• Cosmopolitan Communications Limited.
• Cosmopolitan Traders (Pvt.) Ltd.
• Cosmopolitan Finance Ltd.
• United Summit Coastal Oil Ltd.
• Summit Alliance Port Limited

Here are some Notable Projects of Summit Group:

• Summit LNG Terminal
• Summit Bibiyana Power Company Limited  
• Summit Meghnaghat Power Company Limited
• Summit Gazipur I Power Limited (Summit Gazipur I Power Plant)
• Summit Gazipur II Power Limited (Summit Gazipur II Power Plant)
• Narayanganj Power Plant I
• Summit Narayanganj Power Unit II Limited
• Khulna Power Company Limited Power Plant I
• Khulna Power Company Limited Power Plant II
• Khulna Power Company Limited Power Plant III
• Summit Barisal Power Limited (Summit Barisal Power Plant)
• Chandina Power Plant I
• Chandina Power Plant II
• Ashulia Power Plant I
• Ashulia Power Plant II
• Madhabdi Power Plant I
• Madhabdi Power Plant II
• Rupganj Power Plant
• Maona Power Plant
• Jangalia Power Plant
• Ullapara Power Plant

Future Growth Strategy of Summit Group

Summit Group’s primary focus for growth is Bangladesh, recognizing its population, vibrant economy, and increasing electricity demand. With a strong track record of serving the country for two decades, the group aims to expand its power generation portfolio, providing reliable and competitive electricity to the expanding power grid. They prioritize improving the quality, safety, and efficiency of their operations, benchmarking against the best Independent Power Producers (IPPs) globally.

Additionally, Summit Group aims to uphold high environmental, social, and governance standards in line with national regulations and multilateral criteria. Beyond Bangladesh, the group selectively pursues regional expansion in countries like India and Southeast Asia, exploring opportunities in renewable power and positioning themselves for growth in the new energy economy.

CSR Activities of Summit Group

Summit Group is committed to corporate social responsibility (CSR) and strives to make a positive impact on the communities where it operates. They partner with non-governmental organizations (NGOs) to support projects focused on education and healthcare for underprivileged individuals.

Their CSR initiatives include supporting schools in remote areas, raising awareness of disabilities, fighting autism, promoting human values among youth, and enhancing art and culture. They also contribute to healthcare facilities, sponsor burns victim treatment, and improve local infrastructure.

Additionally, Summit Group sponsors sports events and promotes music and cultural development. Through these efforts, Summit Group aims to enhance the quality of life and contribute to the well-being of the communities they serve.

Conclusion

Summit Group is a leading infrastructure developer and operator in South Asia, with a strong presence in Bangladesh. With a focus on power generation and LNG infrastructure, Summit Group has played a significant role in meeting the growing energy demand in the region. Through their commitment to growth, sustainability, and corporate social responsibility, Summit Group continues to make a positive impact on the communities they serve.

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