Energypac Power Generation Limited has signed an agreement for Initial Public Offering with IDLC Finance Limited

Energypac Power Generation Limited has signed an agreement on July 5, 2011 with IDLC Finance Limited for the purpose of raising capital through Initial Public Offering (IPO). IDLC Finance Limited will act as Manager to the Issue in this regard.

Energypac Power Generation Ltd. is one of the leading companies in power sector of Bangladesh. It has been operating as a major supplier of standby and base load electric generators and low voltage power distribution accessories. It successfully appears as a power engineer, management and generation company. It has strong footings in Engineering, Procurement & construction (EPC), Turnkey and IPP based power plants. EPGL is an ISO 9001:2008 Certified company with work practice of International Business standard.

Mr. Humayun Rashid, CEO & Corporate Director, EPGL & Mr. Selim R.F. Hussain, Managing Director & CEO have signed the contract. Other Dignitaries from Energypac, Mr. Rabiul Alam, Managing Director, Mr. Enamul Haque Chowdhury, Executive Director, and Rezwanul Kabeer, Director and other high officials of both the organizations were also present on the occasion.