Ashuganj Power Station Company Limited is a state-owned power company in Bangladesh. The company headquarters are located in Paltan, Dhaka, Bangladesh.[1][2] The company is under the authority of Bangladesh Power Development Board (BPDB).[3]
History
Ashuganj Power Station Company Limited was established on 28 June 2000 according to the Power Sector Development and Reform Program of the Government of Bangladesh. It was incorporated under the Companies Act, 1990. It is owned by BPDB, which controls 99.99% of the shares. The remaining .01% shares are owned by the Ministry of Planning, Ministry of Finance, Ministry of Power, Energy and Mineral Resources, Power Division, and Energy and Mineral Resources Division. It was created around Ashuganj Power Plant which was commissioned in 1987 and close to Titas Gas field.[4]