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Electricity Generation Company Of Bangladesh

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uuid0024lb1

Namestring
Electricity Generation Company Of Bangladesh
Legal namestring
Electricity Generation Company of Bangladesh PLC (ইলেক্ট্রিসিটি জেনারেশন বাংলাদেশ পিএলসি)
Websiteurl
egcb.gov.bd
Company typeenum
Public
Founded yearint
2005
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersDhaka, Bangladesh
HQ citystring
Dhaka
HQ countrystring
Bangladesh
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
power generation services, combined cycle power plants, state-owned electricity utility, renewable energy generation, national grid power supply
Industry3 codes
1Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield)
CodeEUACABAIPrimaryYes
2Gas-Fired Power Plant O&M and Life-Extension/Repowering Services
CodeEUACABAJPrimaryNo
3Utility-Scale Power Generation Asset Management
CodeEUAEAMAAPrimaryNo
NAICS code3 codes
  • Fossil Fuel Electric Power Generation221112
  • Solar Electric Power Generation221114
  • Electric Power Generation, Transmission and Distribution2211
SIC code2 codes
  • Electric Services4911
  • Electric, Gas & Sanitary Services4900
Product category
Power Generation Utility
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Electricity Generation and Sale
TypeSubscription Recurring
Description

EGCB generates electricity through its power plants (gas-based CCPPs, peaking plants, and solar) and sells power to the Bangladesh Power Development Board (BPDB) and national grid under power purchase agreements

egcb.gov.bd
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Electricity Generation Company of Bangladesh PLC (EGCB) is a state-owned public utility that generates electricity through gas-based combined cycle power plants, peaking power plants, and solar photovoltaic installations. It operates Haripur 412 MW CCPP, Siddhirganj 335 MW CCPP, Siddhirganj 2x120 MW Peaking Power Plants, and Sonagazi 75 MW Solar Power Plant, and sells power to the Bangladesh Power Development Board (BPDB) under power purchase agreements.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Electricity Generation Company of Bangladesh PLC (EGCB) operates as a state-owned public utility managing a portfolio of power generation facilities and digital services. The core business comprises four operating power plants: Siddhirganj 2x120 MW Peaking Power Plant, Haripur 412 MW Combined Cycle Power Plant, Siddhirganj 335 MW Combined Cycle Power Plant, and Sonagazi 75 MW Solar Power Plant. EGCB is expanding its renewable energy portfolio through the Sonagazi 220 MW Solar Power Plant project (backed by Islamic Development Bank) and the Sonagazi 50 MW Solar Construction Project. Supporting operations, EGCB provides digital services including the EGB Support System for ICT/ERP issue tracking and a Solar Energy Net Metering Calculator, along with an internal employee mobile application. The company also holds IMS certification for integrated management systems.

Product and service8 records
1Haripur 412 MW Combined Cycle Power Plant
CategoryPower Generation Facility
Description

A 412 MW gas-fired combined cycle power plant located in Haripur, Narayanganj, using combined gas and steam turbine technology for efficient electricity generation. Sells power to BPDB under power purchase agreements.

2Siddhirganj 335 MW Combined Cycle Power Plant
CategoryPower Generation Facility
Description

A 335 MW gas-fired combined cycle power plant in Siddhirganj, Narayanganj, supplying electricity to the national grid through BPDB.

3Siddhirganj 2x120 MW Peaking Power Plant
CategoryPower Generation Facility
Description

A peaking power plant consisting of two 120 MW units in Siddhirganj, Narayanganj, providing peak load electricity generation capacity to the national grid.

4Sonagazi 75 MW Solar Power Plant
CategoryRenewable Energy Facility
Description

A 75 MW solar photovoltaic power plant located in Sonagazi, Feni district, supplying renewable electricity to the national grid.

5EGCB Employee Mobile App
CategoryInternal Mobile Application
Description

A mobile application for EGCB staff providing internal communications and access to company services and updates.

6EGB Support System
CategoryDigital Service
Description

An online platform enabling EGCB internal users to submit, track, and receive updates on ICT and ERP-related issues.

7Solar Energy Net Metering Calculator
CategoryDigital Service
Description

An online calculator tool that estimates solar energy generation and net metering benefits for distributed solar installations in Bangladesh.

8Sonagazi 220 MW Solar Power Plant Project
CategoryRenewable Energy Facility
Description

A 220 MW solar power generation project in Sonagazi, Feni district, partially financed by the Islamic Development Bank through Forward Lease, Loan, and Grant financing, with EGCB PLC acting as the employer.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

Adani Power is one of India's largest private IPPs with thermal and renewable generation capacity, selling power under long-term PPAs. It provides a regional comparable for large-scale, multi-fuel IPP operations under regulated offtake structures.

2Ashuganj Power Station Company Ltd (APSCL)
TypeDirect peer
Description

APSCL is a Bangladesh state-owned power generation company operating gas-fired plants under the same Power Division as EGCB. It is a direct domestic peer with comparable technology (gas CCGT), off-taker (BPDB), and government ownership structure.

TypeBroad incumbent
Description

BPDB is Bangladesh's state-owned generation and distribution authority and EGCB's sole off-taker. It directly owns and operates its own generation fleet in addition to purchasing from EGCB, making it the closest comparator in scale and mandate within the national power sector.

4Renewable Energy and Energy Efficiency Partnership (REEEP) type IPPs in Bangladesh
TypeEmerging player
Description

Bangladesh's emerging private-sector solar IPPs (e.g., developers active in DPDC's net-metering and utility-scale solar auctions) compete with EGCB's expanding renewable arm. They represent the new competitive cohort targeting Bangladesh's renewable targets that EGCB's 220 MW Sonagazi solar pipeline directly addresses.

TypeDirect peer
Description

Max Power operates gas-fired combined cycle plants in Bangladesh under IPP arrangements with BPDB. It directly competes with EGCB as a private-sector IPP serving the same grid with similar technology.

TypeRegional player
Description

NTPC is India's largest state-owned power generator with a diversified gas, coal, hydro, and renewable portfolio. It is structurally comparable to EGCB as a government-owned utility IPP with multi-fuel generation and aggressive renewable expansion plans, though operating in the Indian market.

TypeRegional player
Description

PowerGrid is India's central transmission utility and a comparable state-owned infrastructure operator in the regional power sector. While focused on transmission rather than generation, it shares the same public-sector utility structure, government ownership, and regulated return profile.

TypeDirect peer
Description

Summit Power International is the largest independent power producer (IPP) in Bangladesh, operating gas-fired and renewable generation under PPAs with BPDB. It directly competes with EGCB as a generation counterpart selling into the same national grid under the same regulatory framework.

TypeBroad incumbent
Description

DPDC is a state-owned distribution utility serving Dhaka, procuring power from generators including EGCB. It operates under the same Ministry of Power structure and shares similar governance, regulatory, and operational characteristics as a state utility counterpart in the value chain.

TypeBroad incumbent
Description

Rural Electrification Board operates the PBS distribution network and procures generation. As a parallel state-owned utility entity within Bangladesh's power sector, it shares structural, regulatory, and customer-set characteristics with EGCB.

Market position
Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Electricity Generation Company Of Bangladesh

Power Generation Utilityegcb.gov.bd

Electricity Generation Company Of Bangladesh firmographics

Firmographics
Name
Electricity Generation Company Of Bangladesh
Legal name
Electricity Generation Company of Bangladesh PLC (ইলেক্ট্রিসিটি জেনারেশন বাংলাদেশ পিএলসি)
Website
https://egcb.gov.bd
Company type
Public
Founded year
2005
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Electricity Generation Company Of Bangladesh industry classification

Industry
Product category
Power Generation Utility
NAICS
Fossil Fuel Electric Power Generation (221112), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
SIC
Electric Services (4911), Electric, Gas & Sanitary Services (4900)
akta.pro primary industry
Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI)
akta.pro secondary industries
Gas-Fired Power Plant O&M and Life-Extension/Repowering Services (EUACABAJ), Utility-Scale Power Generation Asset Management (EUAEAMAA)

Keywords

  • Power generation services
  • Combined cycle power plants
  • State-owned electricity utility
  • Renewable energy generation
  • National grid power supply

Where Electricity Generation Company Of Bangladesh is headquartered

Location

Headquarters

HQ city
Dhaka
HQ country
Bangladesh
HQ region
Asia

Offices1 record

Markets served

Electricity Generation Company Of Bangladesh business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D

Revenue model

  1. Electricity Generation and Sale: EGCB generates electricity through its power plants (gas-based CCPPs, peaking plants, and solar) and sells power to the Bangladesh Power Development Board (BPDB) and national grid under power purchase agreements

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Electricity Generation Company Of Bangladesh product offering

Product offering

Core offering

Electricity Generation Company of Bangladesh PLC (EGCB) is a state-owned public utility that generates electricity through gas-based combined cycle power plants, peaking power plants, and solar photovoltaic installations. It operates Haripur 412 MW CCPP, Siddhirganj 335 MW CCPP, Siddhirganj 2x120 MW Peaking Power Plants, and Sonagazi 75 MW Solar Power Plant, and sells power to the Bangladesh Power Development Board (BPDB) under power purchase agreements.

Product overview

Electricity Generation Company of Bangladesh PLC (EGCB) operates as a state-owned public utility managing a portfolio of power generation facilities and digital services. The core business comprises four operating power plants: Siddhirganj 2x120 MW Peaking Power Plant, Haripur 412 MW Combined Cycle Power Plant, Siddhirganj 335 MW Combined Cycle Power Plant, and Sonagazi 75 MW Solar Power Plant. EGCB is expanding its renewable energy portfolio through the Sonagazi 220 MW Solar Power Plant project (backed by Islamic Development Bank) and the Sonagazi 50 MW Solar Construction Project. Supporting operations, EGCB provides digital services including the EGB Support System for ICT/ERP issue tracking and a Solar Energy Net Metering Calculator, along with an internal employee mobile application. The company also holds IMS certification for integrated management systems.

Differentiator

Problem solved

Functional benefit

Products and services

  • Haripur 412 MW Combined Cycle Power Plant A 412 MW gas-fired combined cycle power plant located in Haripur, Narayanganj, using combined gas and steam turbine technology for efficient electricity generation. Sells power to BPDB under power purchase agreements.
  • Siddhirganj 335 MW Combined Cycle Power Plant A 335 MW gas-fired combined cycle power plant in Siddhirganj, Narayanganj, supplying electricity to the national grid through BPDB.
  • Siddhirganj 2x120 MW Peaking Power Plant A peaking power plant consisting of two 120 MW units in Siddhirganj, Narayanganj, providing peak load electricity generation capacity to the national grid.
  • Sonagazi 75 MW Solar Power Plant A 75 MW solar photovoltaic power plant located in Sonagazi, Feni district, supplying renewable electricity to the national grid.
  • EGCB Employee Mobile App A mobile application for EGCB staff providing internal communications and access to company services and updates.
  • EGB Support System An online platform enabling EGCB internal users to submit, track, and receive updates on ICT and ERP-related issues.
  • Solar Energy Net Metering Calculator An online calculator tool that estimates solar energy generation and net metering benefits for distributed solar installations in Bangladesh.
  • Sonagazi 220 MW Solar Power Plant Project A 220 MW solar power generation project in Sonagazi, Feni district, partially financed by the Islamic Development Bank through Forward Lease, Loan, and Grant financing, with EGCB PLC acting as the employer.

Companies that use Electricity Generation Company Of Bangladesh

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Electricity Generation Company Of Bangladesh technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Electricity Generation Company Of Bangladesh partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Electricity Generation Company Of Bangladesh competitors and assessment

Company assessment

Regional players

  • Adani Power: Adani Power is one of India's largest private IPPs with thermal and renewable generation capacity, selling power under long-term PPAs. It provides a regional comparable for large-scale, multi-fuel IPP operations under regulated offtake structures.
  • NTPC Limited: NTPC is India's largest state-owned power generator with a diversified gas, coal, hydro, and renewable portfolio. It is structurally comparable to EGCB as a government-owned utility IPP with multi-fuel generation and aggressive renewable expansion plans, though operating in the Indian market.
  • Power Grid Corporation of India: PowerGrid is India's central transmission utility and a comparable state-owned infrastructure operator in the regional power sector. While focused on transmission rather than generation, it shares the same public-sector utility structure, government ownership, and regulated return profile.

Direct peers

  • Ashuganj Power Station Company Ltd (APSCL): APSCL is a Bangladesh state-owned power generation company operating gas-fired plants under the same Power Division as EGCB. It is a direct domestic peer with comparable technology (gas CCGT), off-taker (BPDB), and government ownership structure.
  • Meghnaghat Power Company (Max Power): Max Power operates gas-fired combined cycle plants in Bangladesh under IPP arrangements with BPDB. It directly competes with EGCB as a private-sector IPP serving the same grid with similar technology.
  • Summit Power International: Summit Power International is the largest independent power producer (IPP) in Bangladesh, operating gas-fired and renewable generation under PPAs with BPDB. It directly competes with EGCB as a generation counterpart selling into the same national grid under the same regulatory framework.

Broad incumbents

  • Bangladesh Power Development Board (BPDB): BPDB is Bangladesh's state-owned generation and distribution authority and EGCB's sole off-taker. It directly owns and operates its own generation fleet in addition to purchasing from EGCB, making it the closest comparator in scale and mandate within the national power sector.
  • Dhaka Power Distribution Company (DPDC): DPDC is a state-owned distribution utility serving Dhaka, procuring power from generators including EGCB. It operates under the same Ministry of Power structure and shares similar governance, regulatory, and operational characteristics as a state utility counterpart in the value chain.
  • Rural Electrification and Renewable Energy Development (REB/REPC): Rural Electrification Board operates the PBS distribution network and procures generation. As a parallel state-owned utility entity within Bangladesh's power sector, it shares structural, regulatory, and customer-set characteristics with EGCB.

Emerging players

  • Renewable Energy and Energy Efficiency Partnership (REEEP) type IPPs in Bangladesh: Bangladesh's emerging private-sector solar IPPs (e.g., developers active in DPDC's net-metering and utility-scale solar auctions) compete with EGCB's expanding renewable arm. They represent the new competitive cohort targeting Bangladesh's renewable targets that EGCB's 220 MW Sonagazi solar pipeline directly addresses.

Market position

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Electricity Generation Company Of Bangladesh social profiles

Digital presence

Electricity Generation Company Of Bangladesh compliance and trust

Trust signal

Compliance1 record

Electricity Generation Company Of Bangladesh financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Electricity Generation Company Of Bangladesh leadership team

Management profile

Number of profiles

Profiles2 records

Electricity Generation Company Of Bangladesh funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Electricity Generation Company Of Bangladesh M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Electricity Generation Company Of Bangladesh

What does Electricity Generation Company Of Bangladesh do?

Electricity Generation Company of Bangladesh PLC (EGCB) is a state-owned public utility that generates electricity through gas-based combined cycle power plants, peaking power plants, and solar photovoltaic installations. It operates Haripur 412 MW CCPP, Siddhirganj 335 MW CCPP, Siddhirganj 2x120 MW Peaking Power Plants, and Sonagazi 75 MW Solar Power Plant, and sells power to the Bangladesh Power Development Board (BPDB) under power purchase agreements.

Is Electricity Generation Company Of Bangladesh a public or private company?

Electricity Generation Company Of Bangladesh is a public company. It is classified as state government owned and is currently operating.

When was Electricity Generation Company Of Bangladesh founded?

Electricity Generation Company Of Bangladesh was founded in 2005. It employs 101 to 250 people.

Where is Electricity Generation Company Of Bangladesh based?

Electricity Generation Company Of Bangladesh is headquartered in Dhaka, Bangladesh, in the Asia region.

How does Electricity Generation Company Of Bangladesh make money?

One revenue line is on record: electricity Generation and Sale.

Who are Electricity Generation Company Of Bangladesh's main competitors?

Regional players on record are Adani Power, NTPC Limited and Power Grid Corporation of India. Direct peers are Ashuganj Power Station Company Ltd (APSCL), Meghnaghat Power Company (Max Power) and Summit Power International. Broad incumbents are Bangladesh Power Development Board (BPDB), Dhaka Power Distribution Company (DPDC) and Rural Electrification and Renewable Energy Development (REB/REPC). Renewable Energy and Energy Efficiency Partnership (REEEP) type IPPs in Bangladesh is listed as an emerging player.

Does Electricity Generation Company Of Bangladesh have an API?

No public API is recorded for Electricity Generation Company Of Bangladesh.

What industry is Electricity Generation Company Of Bangladesh in?

Electricity Generation Company Of Bangladesh's product category is Power Generation Utility. Its primary akta.pro industry code is EUACABAI, Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield), with a secondary code of EUACABAJ, Gas-Fired Power Plant O&M and Life-Extension/Repowering Services. Its NAICS code is 221112 and its SIC code is 4911.

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Live signals
Pv-magazineBangladesh opens bids for 220 MW solar projectState-owned public utility Electricity Generation Bangladesh has issued a tender for the design, supply, installation, testing, and commissioning of a 220 MW solar project in the Feni district, with bids due by September 15 and construction required to be completed within 18 months. The project, backed by the Islamic Development Bank, requires bidders to demonstrate an average annual construction turnover of at least $130 million over the last three years. Bangladesh's solar capacity reached 1,146 MW by end of last year, and the government has introduced incentives including a 0% tax rate for the solar sector until 2035.TaiyangNewsBangladesh Invites EPC Bids For 220 MW AC Solar ProjectThe Electricity Generation Bangladesh PLC (EGCB) has invited bids for EPC services to construct a 220 MW AC solar PV power plant in Sonagazi, Feni district, under a one-stage international competitive bidding process. The project will be jointly financed by EGCB and the Islamic Development Bank (IsDB) through a combination of forward leases, loans, and grants, with the IsDB providing approximately $143.28 million of the total cost. The tender, launched on July 29, 2026, requires bidders to demonstrate relevant power sector experience and either one contract worth at least $70 million or two contracts valued at $50 million each within the last 10 years, with a construction period set at 18 months.SolarQuarterBangladesh Invites Bids For 220 MW Sonagazi Solar Power Plant Construction ProjectThe Government of Bangladesh has launched an international competitive bidding process for the construction of a 220 MW solar photovoltaic power plant in Sonagazi, Feni District, with a completion timeline of 18 months. State-owned Electricity Generation Company of Bangladesh PLC (EGB PLC) is serving as the employer, while funding is being provided jointly by the Islamic Development Bank (IsDB) and EGB PLC, following IsDB Procurement Guidelines. Prospective bidders must demonstrate a minimum average annual construction turnover of US$130 million over the last three years and submit bids by September 15, 2026.Pv-magazineBangladesh seeking contractors for 220 MW solar projectBangladesh's Electricity Generation Company (EGCB) has issued a procurement notice seeking construction and consulting firms for a 220 MW Sonagazi solar project in southeastern Bangladesh, which upon completion will become the country's largest solar power installation. The project, approved earlier this month, will be jointly financed by the Bangladesh government, EGCB, and the Islamic Development Bank, which has committed $143.28 million in funding. The initiative aligns with Bangladesh's Renewable Energy Policy 2025, which targets meeting 20% of national electricity demand from renewables by 2030.