The Project envisage setting up of a joint venture
project with financial, design, testing, commissioning, operation & Maintenance and technical support
of Japan for assembly/manufacturer of power plant of capacity 1-50MW.Mr. Salim Prodhan an established
businessman in the country and abroad is the main sponsor of the project. He had been to Japan for long
time and in fact built up his Business carrier. He is Chairman of Japan-Bangladesh Group, which consist
a Security Printing, a Three Star Hotel and a no of Trading and Service Company.
The project when implemented will create employment opportunity of a good number of people of at
all level. This will help solve the burning unemployment problem of country to a extend
Photovoltaic system, solar Heating system, Hydro Power system, Wind turbine system, Biogas system.
Beside there is programmer for Environment Consultancy, Environmental Education Business, Development
of Natural Energy system, Development of Environment Devices. The site of the project selected at Vhulta,
Rupgang, Narayanganj where sufficient land has already been purchased by the local sponsor of the project.
A joint venture agreement to the effect of establishing the project has already been executed. The
local and foreign share of equity is 51% and 49% respectively. The process of incorporating the company
in the name and style of Japan-Bangladesh Energy & Environment Development Corporation Ltd. With the
register, joint stock companies underway.
Corporate Set up
The company will be registered with the register: Joint stock company as a Public company initially
with authorized capital of 25 crore divided into share of TK. 100/= each. The paid-up Capital of the
Company initially fixed at TK.5 crore. The authorized capital and paid up capital will be increased
requirement of the und of the project. The registered office of the company is situated at NSC Tower,
62/3 Purana Palton, Dhaka-1000.
The products like photovoltaic system, solar Heating system, Hydro Power system, Wind turbine system,
Biogas system will be sold to the prospective buyers. Power plants of 10-50MW capacity will be installed
on BOO (Build own and operate) terms at suitable rural urban area where Power supply is insufficient /
irregular. And agreement with the Power distribution authority of that area will be executed to the
effect that they will buy entire Power at a rate to be decided mutually.