Shahjibazar Power Co Ltd
DDSE:SPCL53.40
BDT
+0.30
(+0.56%)
ISIN
BD0317SBPCL4
Return %
Stock
S&P 500
1Y
43.94
14.20
3Y
-18.47
81.12
5Y
-46.07
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
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
- Faridul Alam
- Full Time Employees
- 120
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Dhaka Bangladesh
- IPO Date
- Feb 18, 2014
- Website
- youthbd.com
- Similar Companies
- Business
- Shahjibazar Power Company Limited (DSE: SPCL) is an independent power producer based in Bangladesh, primarily engaged in the generation, transmission, and supply of electricity to the national grid, alongside petroleum refining and liquefied petroleum gas distribution through its subsidiaries. Founded in 2007 and headquartered in Dhaka, Bangladesh, the company operates utility-scale power generation assets primarily located in Shahjibazar, Habiganj, serving the domestic electricity market across Bangladesh. The company's core products and services encompass independent thermal power generation via natural gas-fired combined-cycle power facilities supplied directly to the Bangladesh Power Development Board under long-term power purchase agreements; turnkey power plant operation, engineering, and maintenance services; hydrocarbon refining and petrochemical processing through its subsidiary Petromax Refinery Limited, which produces refined motor spirit, octane, high-speed diesel, kerosene, mineral turpentine, and special boiling point solvents from natural gas condensate; and the importation, bulk storage, cylinder bottling, and marketing of liquefied petroleum gas under the Petromax LPG brand for industrial, automotive, commercial, and residential applications. In recent developments, Shahjibazar Power Company Limited has diversified its operational portfolio toward renewable energy initiatives by forming strategic consortiums to develop utility-scale grid-connected solar photovoltaic power projects in Bangladesh; executed contract renewals and revised tariff frameworks under updated power purchase agreements with the Bangladesh Power Development Board; initiated capital enhancement and heat recovery modernization programs across its thermal generating units to improve fuel efficiency; and expanded the regional distribution logistics and retail dealer network for its LPG and refined condensate business lines to address evolving energy demand in the domestic market.