Baraka Patenga Power Limited (BPPL) was incorporate as private limited company on 7 June 2011 having 51% equity investment of Baraka Power Limited (previously known as Barakatullah Electro Dynamics Limited) and converted into public limited Company on 28 April 2014.
In line with the success story of its holding company Baraka Power Limited, the group of resident and Non Resident Bangladeshi (NRB) entrepreneurs developed BPPL to implement 50 MW HFO fired IPP power plant at South Patenga, Chittagong, awarded by Bangladesh Power Development Board (BPDB) through tendering process. On 31 July 2011, BPPL signed a Power Purchase Agreement (PPA) with BPDB and Implementation Agreement (IA) with MPEMR to generate and supply 50 MW of electricity on Build, Own & Operate (BOO) basis for a term of 15 years. The principal activity of the Company is to set up power plants for generation and supply of electricity to national grid. The plant started its commercial operation on 4 May 2014. For more details please click here.