0
o no.03.231.160.02.00.010.2011 / � 'j.J
aging Director
mit Bibiyana II Power Company Umited.
Summit Centre, Floor # 12
18, Kawran Bazer, Tejgaon, Dhaka
Sub: Amendment of the registration (No. J-4012110200S-Hl.
Dear Sir,
Board Of Investment
Prime Minister's Office
Dated: IS /08/2011
With reference to your letter's received on 22.06.2011 & 27.07.2011 on the above subject niatter, I am directed to inform you that the
Board of Investment has been pleased to record the change of InvestorS/Director's of the company as approved by the office of the Registrar of
Joint Stock C &F ompanies 1rms.
As per registration As amended
Column No. 13: Name and nationality of the Investors Column No. 13: Name and nationality of the Investors/Directors
1. Mr. Muhammed Aziz Khan, (Nominated by Summit 1. Mr. Muhammed Aziz Khan (Nominated by Summit Industrial &
Industrial & Mercantile Corporation (Pvt.) Ltd), Mercantile Corporation (Pvt.) Ltd), Chairman & Managing Director,
Bangladeshi Bangladeshi
2. Mr. Muhammad Farid Khan, (Nominated by Summit 2. Mr. John Stephens, (GE Energy, LLC, USA), Director, USA
Industrial & Mercantile Corporation (Pvt.) Ltd), Bangladeshi
3. Mr. Jafer Ummeed Khan, (Nominated by Summit Industrial 3. Ms. Ayesha Aziz Khan, (Nominated by Summit Industrial & Mercantile
& Mercantile Corporation (Pvt.) Ltd), Bangladeshi Corporation (Pvt.) Ltd), Director Bangladeshi
4. Mr. Latif Khan, (Nominated by Summit Industrial & 4. Mr. Mohammad Faisal Karim Khan, (Nominated by Summit Industrial &
Mercantile Corporation (Pvt.) · Ltd), Bangladeshi Mercantile Corporation (Pvt.) Ltd), Director Bangladeshi
s. Ms. Ayesha Aziz Khan, (Nominated by Summit Industrial & s. Mr. Muhammad Farid Khan, (Nominated by Summit Industrial &
Mercantile Corporation (Pvt.) Ltd), Bangladeshi Mercantile Corporation (Pvt.) Ltd), Director Bangladeshi
6. Mr. Mohammad Faisal Karim Khan, (Nominated by Summit 6. Mr. Latif Khan, (Nominated by Summit Industrial & Mercantile
Industrial & Mercantile Corporation (Pvt.) Ltd), Bangladeshi Corporation (Pvt.) Ltd), Director Bangladeshi
7. Mr. John Stephens, (Nominated by GE Infrastructure 7. Mr. Jafer Ummeed Khan, (Nominated by Summit Industrial & Mercantile
Technology Inc.), USA Corporation (Pvt.) Ltd), Director Bangladeshi
8. Ms. Laurence Ibrahim (GE Energy, LLC, USA), Director, USA
9. Mr. S. M. Noor Uddin (Nominated by Summit Industrial & Mercantile
Corporation (Pvt.) Ltd ) , Director Bangladeshi
The list of the Investors/Director's of the company has been recorded on the basis of the documents furnished by the concerned
company. The Board of Investment (BOI) is not responsible or accountable for any omission of the above list.
All other terms & conditions of the registration (No. J-4012110200S-H) issued vide this Board's Memo No.03.231.160.02.00.010.2011./02
dated 08.02.2011 shall remain unchanged.
Thanking you,
Yours faithfully,
�l
Memo no.03.231. 0.02.00.010.2011.
Copy to:
1.
2.
3.
4.
s.
6.
Chairman, tional Board of Revenue, Segunbagicha, Dhaka.
Chief Control! of Imports & Exports, 111-113, Motijheel C/A, Dhaka.
Director (P&P), ard of Investment, Dhaka.
Director (IIMC), I, Dhaka.
Deputy Director (Wo Permit), Board of Investment, Dhaka.
Master file.
I� ell BANGLADESH
(Md. Ariful Hoque)
fA. _,puty Director(R&I-1)
\V V Dated:
(Md. Matiur Rahman)
Asstt. Director(R&I-1)
Change of the Board of Directms
Board of Investment, Prime Minister's Office, Jiban Bima Tower, 10 Dilkusha C/A, Dhaka-1000, Bangladesh
Phone: PABX (880-2) 7169580-3,956 i416, Fax: (880-2) 956 2312, E-mail : service@boi.gov.bd Web : www.boi.gov.bd
/08/2011
No. &JI/R&J:-03.'131.160.02.00.010.201 { 0 ,2_
Board Of Investment
Prime Minister's Office
Date: (!J f/ /02/2011
Sub: Registration of proposed industrial project under the title: Summit Bib!yana II Power Comoony Ltd.
Dear Sir,
With reference to your application received on 09.02.2011 concerning the above subject, I am pleased to
confirm that your proposed industrial project has been duly registered with the Board of Investment. The registration
number for this project is l-40121102005-H and the particulars terms and conditions of which are appended.
If we could be of any further assistance to you, please do not hesitate to call our Service Centre representative
who could be reached at telephone# 716 9580-3
In the meantime, we would like to take this opportunity to extend our best wishes to you in your future
endeavors.
Thanking you,
51��=> ' o·� .o 2.., \\
�ing Director
(Tauhidur Rahman Khan)
Summn: Bibiyanall Power Company Ltd.
Summit Centre, Floor# 12,
W" Director (R&I-1)
18, Kawran Bazer,
Tejgaon, Dhaka
No. BOI/R&I-03.231.
Copy for kind informati and necessary action:-
Date: /02/2011
ent of Environment, Poribesh Bhaban, Plot No. 16, Agargaon, Sher-e-Bangia Nagar, Dhaka.
2. Registrar, Joint Stock Co anies & Firms, TCB Bhaban, 1, Kawran Bazer, Dhaka.
3. General Manager, Statistics partment Bangladesh Bank, 29 th Storied, Building, Motijheel C/A, Dhaka.
4. Deputy Commissioner, Hobig ·
5. Director (P&P), Board of Inve nt, Jiban Bima Tower, 10, Dilkusha C/A, Dhaka.
6. Director (IIMC), Board of Investm t, Jiban Bima Tower, 10, Dilkusha C/A, Dhaka.
7. P.S. to Executive Chairman, Board o Investment, Dhaka.
8. Muster file.
111�11 !!_\\tiL\ DES!!
(Jeb-un Nessa)
Deputy Director (R&I-1)
. Board of Investment, Prime Minister's Office, Jiban Bima Tower, 10 Dilkusha C/A, Dhaka-1000, Bangladesh
Reglstration-2008 .
. @b . bd b . bd Phone: PABX (880-2) 7169580-3,956 1416, Fax: (880-2) 956 2312, E-mail : service 01.gov. We : www.bm.gov.
This industrial project is registered with BOI on the basis of the following
information submitted by the investor(s) .-------------....,
1. Title of the registered project : Summit Bibiyana II Power Company Ltd.
Address : Office : Summit Centre, Floor # 12, 18, Kawran Bazer, Tejgaon, Dhaka
Registration Number
l-40121102005-H
Dated: 09.02.2011
2. Factory: Mouja & Plot # Parkul, P.O. Afrozgonj, Thana-Nobigonj, District-Hobigonj
3.
4.
5.
6.
7.
Type of industry: "Power Generation"
Nature of investment: Joint Venture
Investing country: Bangladesh & U.S.A.
Date of commercial production of the project: December, 2013
Annual production capacity:
Name of Products Quantity Value (Taka/US $ in Million)
Electricity Generation
8 L' f h' 1st o mac mery:
Type of machinery
-
Quantity
-
25,000 Million Kwh
Local Currency Foreign Currency
- Tk.14,000.000 Million
9. Sales: Local- 100% Foreign- Nil
10. Investment (Taka/US$ in Million) :
(a) Fixed investment:
(i) Land Tk.200.000 million
(ii) Building Tk.2950.000 million
(iii) Machinery & equipment Tk.14 000.000 million
(iv) Others : Tk.1 400.000 million
(b) Workinq caoital : Tk.350.000 million
Tk.7 900.000 million
Total value (Taka /US $
in Million)
Tk.18,900.000 million
Total: Tk.18,900.000 million
(US$270.000 million)
11. Equity (Taka /US$ in Million) :
Local equity : Tk.4536.000 million (80% Bangladesh)
Foreicm equity : Tk.1134.000 million (20% U.S.A.)
Local loan : Tk.4 025.000 million
Foreiqn loan : Tk.9 205.000 million
Total: Tk.18,900.000 million
(US$270.000 million)
12. Number of employees:- Local = 100 Foreign =05 = Total =105
13. Name and address of the investor(s):
(a) Mr. John Stephens (Nominated by GE Infrastructure Technology Inc.) Director of Summit Bibiyana II
Power Company Ltd. 1209 N Orange St Corporation Trust CfR Wilmington DE 19801-1120, U.S.A.
Nationality: American
(b) Mr. Muhammed Aziz Khan (Nominated by Summit Industrial & Mercantile Corporation (Pvt.) Limited)
Director of Summit Bibiyana II Power Company Ltd. 18, Kawran Bazar, Dhaka Nationality: Bangladeshi
(Enclosed Annex-A)
<t:l-
14. As per the Industrial Policy the sub-sector Is neither in the reserved list nor in discouraged list. Therefore
the proposal of the project may be registered on the following conditions:
Investors should be aware that :-
(a) They are free to procure infrastructural and other services/utilities (including environment dearances)
needed for the implementation and operation of their projects directly from the concerned
agendes/departments. Alternatively, the BOI will also assist investors in obtaining requisite
services/utilities from the concerned government agencies/departments on request from your company.
In this connection, investors shall have to contact the BOI Utility Service Cell.
(b) BOI is ready to assist/provide a range of services, including advice, information and clarification on a
range of investment related issues, government policies, procedures and regulations.
(c) The project, eligible for various tax incentives, as articulated in the government's Industrial and economic
polides and in public notices issued from time to time by relevant government agencies, may obtain
copies from BOI Utility Service Cell.
(d) Certain products are required to conform to standards established by the Bangladesh Standards &
Testing Institute (BSTI), prior to marketing. Please check your product standard.
Investors shall have to follow/take the under mentioned conditions/measures:
1 You shall have to take necessary safety measures as per Factories Act, 1965
2 You shall have to arrange sufficient fire fighting equlprnents as safety measure of the project
3 You shall have to import the machinery, spare parts and raw materials as per existing Import Policy
Order of the Government
4 You shall have to obtain necessary dearance from the Department of Environment before
Implementation of your project
5 You shall have to arrange preservation of rain water for using in your factory to reduce pressure on
ground water
6 You shall have to submit the Quarterly Report to BOI (IIMC) regarding progress of implementation of the
project In every quarter till the unit goes into commercial produCtion. After going into commercial
produCtion, half-yearly performance report regarding produCtion and employment of your project shall
have to be submitted
7 You shall have to take prior permission from BOI in case of any amendment of this Registration letter
induding ownership or location of the project
8 Any effluent of the industrial unit should not be discharged into the river connecting lake or general
water reservoir without proper treatment.
9 You shall have to provide/create the following facilities, if applicable:
a) Day care center
b) Maternity leaves
c) Low cost & safe housing fadlities for the low paid female workers, near & around the
establishment
d) Equal pays & allowances for male & female workers in your organization
e) Low priced canteen for workers
f) Enact effective rules of conduct to enable working atmosphere among the male & female
workers
10. You shall have to implement your project within December, 2013
11. You shall not be allowed to do any business/trade other than services at column No. 7 under this
registration
12. You shall have to bring foreign equity within 6(six) months from the date of issue of the registration
letter
13. You shall have to abide by the guidelines of the government in case employment of expatriate
personnel in your project
14. You shall have to follow the rules & regulations of the Bangladesh Energy Regulatory Commission
(BERC) and other concerned Department/Agencies for Generation of Electricity.
15. You shall have to submit the Notification of Award (NOA) from Bangladesh Power Development Board
(BPDB) within 01 (one) month.
16. you shall have to take prior permission regarding foreign Joan from Scrutiny Committee of BOI.
The Board of Investment reserves the right to cancel the registration of the investment if any of the
above conditions or any part of the conditions is violated.
W ��bn Registration-2008 0 q ' 0 2..
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Sum�it Bibiyan_a il ..
· • ·Power Company L�mited
T- . . . . . .
.· . . .
Name Address & N � tionality of the Sponsors I .
. .
Name cif the Directors ·
Mr.. Muhammed Aziz Khan
(Nominated by. Summit Industrial
Mercantile Corporation (Pvt.) limited)
Mr. Muhammad Farid Khan
(Nominated by Summit Industrial
Mercantile Corporation (Pvt.) Limited)
Mr. Jafer Ummeed Khan
(Nominated . by Summit Industrial
Mercantile Corporation (Pvt.) limited)
Mr. Latif Khan
(Nominated by Summit Industrial
Mercantile Corporation (Pvt.) Limited)
Ms. Ayesha Aziz Khan . .
&
&
&
&
(Nominated by . Summit Industrial · &
Mercantile Corporation ('Pvt.) Limited)
Mr. Mohammed Faisal Karim Khan
(Nominated by Summit Industrial &
Mercantile Corporation (Pvt.) limited)
Mr. John Stephens
(Nominated by _ GE Infrastructure
Technology Inc.)
'),-0 \\
•
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Address
18, Karwan Bazar C/A . .
Dhaka -1215, Bangladesh
18, Karwan Bazar C/A ·
Dhaka -1215, Bangladesh
18, Karwan Bazar C/ A
Dhaka -1215, Bangladesh
18, Karwan Bazar C/A
Dhaka -1215, Bangladesh
18, Karwan Bazar C/A
Dha_ka -:1215,_Bangladesh
18, Kai'Wan Bazar C/A . .
Dhaka -1215, Bangladesh .
1209 ·N Orange St
Corporation Trust CTR
Wilmington DE 19801-1120
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·S. ecu ve-Officef
Chief EX: . 11 PQwer
summit
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