Name

Saif Powertec

Legal name

Saif Powertec Ltd

Website

https://saifpowertecltd.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Port Operations & Terminal Management: Container terminal operations at Chittagong Container Terminal (CCT), New Mooring Container Terminal (NCT), Pangaon Inland Container Terminal (PICT), and Kamalapur Inland Container Depot (KICD) under long-term concession agreements with Chittagong Port Authority. Handles approximately 58% of containers at Chattogram Port.
2. Battery Manufacturing & Sales: Manufacturing and sale of automotive, commercial vehicle, electric vehicle, motorcycle, IPS, solar, and industrial batteries under SAIF Power and IGNITE brands. Largest battery plant in Bangladesh located in Pubail, Gazipur.
3. Renewable Energy Solutions: Solar power systems including home systems, irrigation pumps, on-grid/off-grid systems, MW power plants, mini-grids, biogas systems, and improved cook stoves. Systems designer, installer, importer and manufacturer of solar components.
4. Container Terminal Engineering Services: Repair and maintenance services for port handling equipment including QGC, RTG, and MHC cranes under contractual agreements with Chittagong Port Authority and various ICDs.
5. Shipping & Maritime Operations: International shipping operations through subsidiary Saif United Shipping & Trading in UAE, operating vessels for transport of goods from UAE to Bangladesh and South-East Asia.
6. Civil Engineering & Construction: Construction projects including jetty construction, multimodal container terminals, and infrastructure development through subsidiary E-Engineering Limited.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Saif Powertec Limited operates container terminals, manufactures batteries, and provides renewable energy and port equipment engineering services. The company manages Chittagong Container Terminal (CCT), New Mooring Container Terminal (NCT), Pangaon Inland Container Terminal (PICT), and Kamalapur Inland Container Depot (KICD) under long-term concession agreements. It manufactures automotive, commercial vehicle, IPS, solar, industrial, electric vehicle, and motorcycle batteries under SAIF POWER and IGNITE brands at the largest battery plant in Bangladesh in Pubail, Gazipur. SPL also supplies solar home systems, irrigation pumps, on-grid/off-grid systems, MW power plants, biogas, and improved cook stoves, and offers repair and maintenance for Quay Gantry Cranes, RTGs, and mobile harbor cranes through its Container Terminal Engineering Department (CTED).

Product overview

Saif Powertec Limited operates as a diversified engineering conglomerate offering multiple product lines and services. The core offerings include: (1) Battery Manufacturing under SAIF POWER and IGNITE brands - producing automotive, commercial vehicle, IPS, solar, industrial, electric vehicle, and motorcycle batteries at Bangladesh's largest battery plant in Pubail, Gazipur; (2) Port Operations Management - operating Chittagong Container Terminal (CCT), New Mooring Container Terminal (NCT), Pangaon Inland River Container Terminal (PICT), and Kamalapur Inland Container Depot (KICD) under Terminal Operations System (TOS); (3) Renewable Energy Solutions - providing solar home systems, solar irrigation pumps, on-grid/off-grid solar systems, solar MW power plants, biogas systems, and improved cook stoves; (4) Container Terminal Engineering Department (CTED) - offering repair and maintenance for port handling equipment. The company also operates subsidiary companies including E-Engineering Limited, Maxon Power Limited, Saif Maritime entities, SAIF Electrical Manufacturing Limited, and Grihayan Limited.

Differentiator

Problem solved

Functional benefit

Brands

• Saif Power Battery: Battery brand offering Passenger Car, Commercial Vehicle, Electric Vehicle, Electric Rickshaw, Motorcycle, Deep Cycle, Solar, IPS, Industrial and other battery types. Manufactured at the country's largest battery plant in Pubail, Gazipur.
• Ignite
• SAIF Electrical

Products and services

• Container Terminal Operations (CCT, NCT, PICT, KICD) Long-term concession-based operation of container terminals (CCT, NCT, PICT, KICD) under agreements with Chittagong Port Authority and Bangladesh Inland Water Transport Authority, managing vessel operations, container handling, and yard activities through a Terminal Operations System for port authorities handling Bangladesh's import-export trade.
• SAIF POWER Batteries (Automotive, Commercial Vehicle, IPS, Solar, Industrial, Electric Vehicle, Electric Rickshaw, Mishuk) Battery products under the SAIF POWER brand covering passenger cars, commercial vehicles, IPS/inverter backup, solar storage, industrial/IDS, electric vehicles (three-wheeler), electric rickshaws, and Mishuk batteries, manufactured using European and USA machinery, ICP-OES lead impurity testing, and an advanced Acid Circulation System for solar batteries, for automotive, commercial, industrial, and renewable energy buyers.
• IGNITE Batteries (Passenger Car SMF, Motorcycle SMF, Commercial Vehicle SMF) Sealed Maintenance Free (SMF) battery brand offering maintenance-free batteries for passenger cars, motorcycles, and commercial vehicles with special Calcium alloy and advanced grid design for corrosion resistance and longer battery life, targeted at consumer and commercial automotive buyers.
• Solar Home System Off-grid solar power systems designed for rural areas of Bangladesh to fulfill basic electricity requirements where grid electricity is unavailable, targeting off-grid households and small rural establishments.
• Solar Irrigation Pump Solar-powered water pumps offering a clean alternative to fuel-burning engines for domestic water supply, livestock watering, and irrigation purposes, targeted at the agricultural sector.
• On-Grid and Off-Grid Solar Systems Grid-tied solar systems that convert sunlight into AC current for home use or grid feeding, plus standalone off-grid solar electric systems and hybrid systems combining renewable sources with grid or generator backup, targeted at residential and commercial establishments.
• Solar MW Power Plant Utility-scale solar power generation plants contributing to the government target of 2,000 MW renewable energy capacity, designed, installed, and commissioned by SPL for utility and large commercial clients.
• Solar Mini Grid Small-scale minigrid solar systems for localized populous areas in off-grid villages, providing electricity to rural communities where national grid is unavailable.
• Solar Billboard and Solar Street Light Self-powered solar billboards using PV modules with 20-year warranty and 2-3 days autonomy, plus standalone solar street lighting systems with lithium-ion battery, MPPT/PWM charge controller, and LED luminary with up to 50,000 hours life, for commercial and municipal buyers.
• Biogas System Biogas production systems from anaerobic digestion of organic waste materials, producing methane (60%-70%) and carbon dioxide (30%-40%), for agricultural and rural waste-to-energy applications.
• Improved Cook Stove (ICS) Energy-efficient cooking solutions offered under the IDCOL Improved Cook Stove Program to reduce dependence on firewood and agricultural residues, distributed in the Rajshahi division.
• Container Terminal Engineering Department (CTED) Services Repair and maintenance services for port handling equipment including Quay Gantry Cranes (QGC), Rubber Tyre Gantry Cranes (RTG), and Mobile Harbor Cranes (MHC) on a contractual basis, delivered by experienced engineers and foreign experts to Chittagong Port Authority and various inland container depots.

Quantifiable outcome

• 58% market share of container handling at Chattogram Port
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered flagship and core.

• AD Ports GroupflagshipStrategic or Co-development Partner · 7 July 2022AD Ports Group and Saif Powertec signed an MoU to develop projects in various ports in Bangladesh, including ports, container depots and logistics facilities in Chattogram, Mongla, and Dhaka. A joint working group will share expertise, studies, strategies, technical assistance, and implement joint activities. This builds on their existing relationship where Safeen Feeder (an AD Ports Group company) partnered with Saif Powertec for international shipping operations.
• Container Company of Bangladesh Limited (CCBL)coreStrategic or Co-development Partner · 1 October 2021Saif Logistics Alliance (a subsidiary of Saif Powertec) signed an agreement with CCBL, a subsidiary of Bangladesh Railway, to build the country's first multimodal container terminal at Halishahar, Chattogram at an estimated cost of Tk 500 crore.
• Safeen Feeder Company (AD Ports Group)flagshipStrategic or Co-development Partner · 28 February 2021Saif Powertec signed an agreement with Safeen Feeder Company to operate eight vessels to transport imported goods from Fujairah Port of UAE to Chattogram and Mongla ports, and other ports in South-East Asia. Saif Powertec launched a subsidiary Saif United Shipping & Trading in UAE for this partnership. Vessels will be chartered from Safeen Feeder and operated by Saif United Shipping for a 15-year period.
• Infrastructure Development Company Limited (IDCOL)coreGTM or Marketing Partner · 1 January 2016SAIF Power Renewable Energy division signed agreement with IDCOL as Partner Organization under IDCOL Improved Cook Stove Program, working at 5 cluster areas in Rajshahi division.
• Doosan Infracore Co. Ltd. (South Korea)coreChannel Partner/ Reseller/ DistributorSince 1999, SPL secured sole distributorship of Doosan Infracore Co. Ltd. (previously Daewoo) of South Korea for construction and material handling equipment and heavy lifting equipment.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Adani Ports and Special Economic Zone: India's largest port operator running multiple container terminals under concession-style models. Comparable to Saif Powertec in terminal-operations DNA and South Asian regional exposure, but operates at substantially larger scale and is publicly listed in India.
• ACME Solar Holdings: Indian solar EPC and utility-scale solar power plant developer. Comparable to Saif's solar MW power plant and on-grid/off-grid system businesses from a technology and project-execution standpoint, operating in the broader South Asian market.
• Bangladesh Shipping Corporation: State-owned Bangladeshi shipping company engaged in ocean-going maritime trade. Regional peer to Saif Powertec's newly launched Saif United Shipping & Trading operations on the UAE–Bangladesh corridor.
• Amara Raja Energy & Mobility: Indian battery manufacturer with automotive, industrial, and emerging lithium-ion offerings. Regional peer with comparable battery product breadth, though operating primarily in India and increasingly in lithium rather than lead-acid chemistry.
• Exide Industries: India's leading lead-acid battery manufacturer with automotive, industrial, and solar battery lines comparable to Saif's portfolio. Regional peer in battery technology and product segmentation, though Exide serves a much larger Indian market.

Broad incumbents

• PSA International: Singapore-headquartered global container terminal operator with concession-driven business model. Direct functional overlap with Saif's terminal management at CCT/NCT, though PSA serves a very different geographic and customer base.
• DP World: Global port operator running concession-based container terminals worldwide. Highly comparable to Saif Powertec's managed-services terminal model at Chittagong, but operates at much greater scale and across many geographies. Safeen Feeder (a DP World/AD Ports Group company) is already a strategic partner, underscoring the operational overlap.

Direct peers

• Grameen Shakti: Bangladesh's leading non-governmental renewable energy organization operating solar home systems, biogas, and improved cook stoves. Direct competitor in Bangladesh's off-grid solar and clean-cooking segments where Saif Powertec also operates.
• Rahimafrooz Batteries: One of Bangladesh's largest battery manufacturers and a long-standing domestic competitor to Saif's SAIF Power and IGNITE battery lines. Direct head-to-head competitor across automotive, IPS, and industrial batteries within Bangladesh.
• Hamada Power Technology: Bangladesh-based battery manufacturer competing across automotive, motorcycle, IPS, and solar battery categories. Closest direct competitor to SAIF Power's product range inside Bangladesh.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/saifpowertec

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Saif Powertec