United Power Generation & Distribution Company Limited (Bangladesh)

The Company s activity is to generate electricity by two gas fired power plants, one at DEPZ with 88 MW capacity and the other at CEPZ with 72 MW capacity and to sell generated electricity to the export processing industries located inside Dhaka Export processing zone (DEPZ) and Chittingong Export Processing Zone (CEPZ) with the provision of selling surplus power outside the Export Processing Zones (EPZs).
The Company is supplying electricity to the national grid of Bangladesh through selling the same to Dhaka PBS-1 of Rural Electrification Board (REB), Bangladesh Power Development Board (BPDB), Karnaphuli Export Processing Zone (KEPZ) and other Private Sector Companies, e.g.Oli knitting Fabrics Limited, Lilac Fashion Wear Limited, Dhaka Thai Limited and Ahad Fashion Limited.
The Company has developed two power plants. One of them with capacity of 41 MW at Dhaka Export Processing Zone (DEPZ) premises and another with capacity of 44 MW at Chittagong Export Processing Zone (CEPZ).
The Company, formerly known as (Malancha Holdings Ltd. (MHL)), was incorporated in Bangladesh on January 15, 2007 as a subsidiary company of United Group in order to produce and supply electricity. The Company changed the existing name and style on October 1, 2009 as a Private Limited Company under the Companies Act, 1994 and converted into a Public Limited Company by Shares on December 22, 2010.
The Company was listed on Chittingong Stock Exchange on March 8, 2015 and on Dhaka Stock Exchange on March 19, 2015.
The Company changed its year end from December 31 to June 30.
The Company Purchased United Energy Limited United Energy Limited Purchased UNITED ASHUGANG ENERGY LIMITED on July 1, 2018