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History of APSCL   |
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Ashuganj Power Station Company Ltd. (APSCL) owns the second largest power station in Bangladesh. The installed capacity by its 8 units is 724 MW and present de-rated capacity is 642 MW. Ashuganj Power Station fulfills about 15% of power requirements of the country.
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| Background of Ashuganj Power Station : |
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In 1966 the then government decided to setup a power station in Ashuganj. Ashuganj is situated near Titas Gas Field and at the bank of the river Meghna. So it was the most favorable place for power station because of availability of natural resources for power generation. For this purpose about 311 acre land at the 1 kilometer north-east away from the Meghna Railway Bridge was acquired.
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 In the same year with the financial assistance of German Government the establishment work of two units each of 64 MW (Unit 1 & Unit 2) started. These two units were commissioned in July 1970. M/S BBC (Germany) and M/S Babcock & Wilcox (Germany) supplied the turbo-generator and boiler equipment. These two units played an important role in post-liberation war economic development in Bangladesh.
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To face the growing requirements for power in the country- Government of Bangladesh decided to setup another two units (Unit 3 & Unit 4) each of 150 MW capacities in Ashuganj. IDA, KfW (Germany), ADB, Kuwait and OPEC provided the financial assistance for this project. Contracts had been made for supplying and installation of turbo-generator, boiler and other main equipments for these two units with M/S BBC (Germany), M/S IHI (Japan), M/S KDC (Korea) and M/S PCC (Korea).
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After the agreements signing with the contractors, government found that another unit of 150 MW can be established from the left over funds by the donors. With the consent from the donors, Government decided to setup another 150 MW unit (Unit 5).
The work for installation of Unit 3 & 4 was started in 1984 and Unit 5 in 1985. Unit 3, Unit 4 and Unit 5 were commissioned in December 1986, May 1987 and March 1988 respectively.
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 During the planning of installation of Unit 3 & 4 it was decided to install a Combined Cycle Power Plant by financial assistance of British Government. According to that decision, works of two gas turbine units (GT1 & GT2) of 56 MW each and one steam turbine unit (ST1) of capacity 34 MW ( with waste heat recovery Boiler ) had been started. GT1, GT2 and CCST were commissioned in 1982, 1984 and 1986 respectively.
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| Formation of the Company: Ashuganj Power Station Company Ltd. (APSCL) |
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As a part of the Power Sector Development & Reform Program of Government of Bangladesh (GOB), APSCL has been incorporated under the Companies Act 1994. APSCL has been registered in the office of the Register of the Joint Stock Companies & Firms of Bangladesh on 28 June 2000. Through a Provisional Vendor’s Agreement APSCL Management has taken over all assets & liabilities of APS Complex consisting of the following assets and liabilities:
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Total Assets : Tk. 1605,76,00,000 |
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Total Liabilities : Tk. 1486,10,00,000 |
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Equity of BPDB : Tk. 119,66,00,000 |
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The Registration No. of APSCL is 40630 (2328)/2000 dated 28.06.2000. According to the Articles of Association of the company, 51% of total shares is held by BPDB and the rest 49% is distributed among Ministry of Finance, Ministry of Planning, Power Division, MOPEMR & Energy Division, MOPEMR of GOB.
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Authorized Capital : Tk. 1500,00,00,000 |
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Paid up Capital : Tk. 10,00,000 |
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The Overall activities of the Company along with Operation, Maintenance and development of the Power Station are vested upon a Management Team consisting of 3 Members:
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Managing Director |
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Director (Technical) |
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Director (Finance) |
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The Management Team has taken over the full responsibilities of the Operation, Maintenance and Development activities of the APSCL on 01 June, 2003. The management team is responsible to the Board of Directors consisting 9 members.
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