GBB POWER Ltd.
DDSE:GBBPOWER11.80
BDT
+0.10
(+0.85%)
ISIN
BD0315GBBPL5
Return %
Stock
S&P 500
1Y
93.44
14.39
3Y
-21.85
81.42
5Y
-69.59
68.62
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Mohammed Taifur Hossain
- Full Time Employees
- 34
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Dhaka Bangladesh
- IPO Date
- Dec 4, 2011
- Website
- gbb.com.bd
- Similar Companies
- Business
- GBB Power Limited is an independent power producer based in Bangladesh that engages in the generation, transmission, and supply of electricity to the national grid and institutional consumers. The company's core operations and service offerings encompass electricity generation and bulk power distribution; development, engineering, procurement, and construction of utility infrastructure; operation and maintenance of reciprocating engine-based thermal power generation facilities; development, financing, and management of commercial and utility-scale solar photovoltaic power projects; and the supply, assembly, and commissioning of skid-mounted and trailer-mounted power generation units. Founded on October 17, 2006, and publicly traded on the Dhaka Stock Exchange and Chittagong Stock Exchange, the company is headquartered in Dhaka, Bangladesh, with geographic operations and project footprint extending across Bogura, Chattogram, and Cumilla. In recent strategic and operational developments, GBB Power has transitioned its focus toward renewable energy infrastructure following the June 2023 expiration of its initial 15-year Power Purchase Agreement with the Bangladesh Power Development Board for its 22 MW gas-fired power plant in Bogura. Expanding its clean energy portfolio, the company formed a strategic consortium with Fiber@Home Limited and executed a Power Purchase Agreement with the Bangladesh Power Development Board to develop, construct, and operate an 18 MW (AC) grid-tied solar power plant in Hathazari, Chattogram. Furthermore, through its 70%-owned subsidiary, Solaron Power Limited, the company signed a 25-year Power Purchase Agreement with the Station Headquarters, Cumilla Cantonment of the Bangladesh Army to develop and operate a 5.005 MWp (DC) ground-mounted solar power facility on a Build-Own-Operate-Transfer and operational expenditure model.