Max Power Limited
Max Power Limited is a Bangladesh-based IPP subsidiary of MAX GROUP that operates a 78.5 MW Simple Cycle Gas-based Power Plant at Ghorasal, Narshingdi, selling its entire output to the state utility Bangladesh Power Development Board under a long-term Power Purchase Agreement.
- Company typePrivate
- Founded2010
- Headquarters—
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Max Power Limited does
Max Power Limited is a Bangladesh-based special-purpose power generation company and a concern of MAX GROUP, a privately held Bangladeshi conglomerate founded in 1983. The company's sole operating asset is a 78.5 MW Simple Cycle Gas-based Power Plant located at Ghorasal, Narshingdi, commissioned under a Power Purchase Agreement with Bangladesh Power Development Board (BPDB), the state utility. The plant was first operated in association with GE Rental Asset Holding Inc and was subsequently commissioned with brand-new gas turbines supplied by GE (USA), establishing OEM-backed equipment credibility.
The company's revenue model is a single-counterparty, government-tendered IPP arrangement: electricity generated at Ghorasal is sold exclusively to BPDB under a long-term Power Purchase Agreement, with no merchant generation or alternative offtake disclosed. Max Power Limited also benefits from in-house Engineering, Procurement and Construction support for ancillary assets, notably the MPL Water Treatment Plant delivered by sister firm Max Infrastructure Limited, which reduces reliance on third-party EPC contractors for balance-of-plant needs.
Max Power Limited sits within a broader MAX GROUP ecosystem of more than a dozen business concerns spanning power generation (sister Kushiara Power Company Limited, a 163 MW Combined Cycle plant at Fenchuganj, Sylhet), infrastructure development, manufacturing of railway track fittings, stainless steel, pre-stressed concrete sleepers, lubricants, and building materials. The group's entities collectively hold ISO 9001 certifications across multiple manufacturing units. At the entity level Max Power Limited is reported to have 11-50 employees, consistent with operating a single mid-sized gas-fired plant rather than a full EPC firm.
Max Power Limited firmographics
Firmographics- Name
- Max Power Limited
- Legal name
- Max Power Limited
- Website
- https://maxgroup-bd.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Max Power Limited is a Bangladesh-based IPP subsidiary of MAX GROUP that operates a 78.5 MW Simple Cycle Gas-based Power Plant at Ghorasal, Narshingdi, selling its entire output to the state utility Bangladesh Power Development Board under a long-term Power Purchase Agreement.
- Ownership category
- akta.pro rank
Max Power Limited industry classification
Industry- Product category
- Power Generation
- NAICS
- Fossil Fuel Electric Power Generation (221112)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI)
- akta.pro secondary industry
- Gas-Fired Power Plant O&M and Life-Extension/Repowering Services (EUACABAJ)
Keywords
Max Power Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Technology or R&D
Max Power Limited product offering
Product offeringCore offering
Max Power Limited operates a 78.5 MW Simple Cycle Gas Based Power Plant at Ghorasal, Narshingdi, Bangladesh, generating electricity under a contract with the Bangladesh Power Development Board (BPDB). The plant was first operated in association with US-based GE Rental Asset Holding Inc., and the second phase was commissioned with brand-new gas turbines from GE (USA).
Product overview
Max Power Limited operates as a power generation company within the MAX GROUP conglomerate. The company specializes in operating a 78.5 MW Simple Cycle Gas based Power Plant at Ghorasal, Narshingdi, Bangladesh under contract with Bangladesh Power Development Board (BPDB). As part of the larger MAX GROUP, Max Power Limited benefits from integrated operations including water treatment plants, and is supported by sister companies handling EPC services, infrastructure development, and various manufacturing units producing railway track fittings, stainless steel products, lubricants, and building materials.
Differentiator
Problem solved
Functional benefit
Products and services
- 78.5 MW Simple Cycle Gas Based Power Plant A 78.5 MW Simple Cycle Gas Based Power Plant at Ghorasal, Narshingdi, Bangladesh, operated under contract with the Bangladesh Power Development Board (BPDB).
- MPL Water Treatment Plant Engineering, Procurement and Construction Works of a Water Treatment Plant for Max Power Limited's 78.5 MW Simple Cycle Gas based Power Plant at Ghorasal, Narshingdi.
Companies that use Max Power Limited
Customer profileIdeal customer profiles1 record
Max Power Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Max Power Limited partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- GE (USA) / GE Rental Asset Holding InccoreMax Power Limited operated its 78.5 MW gas-based power plant at Ghorasal with GE gas turbines. The first phase of the three-year contract was in association with US-based GE Rental Asset Holding Inc, with second phase commissioned with brand new gas turbines from GE (USA). GE provides the power generation equipment technology.
- Bangladesh Power Development Board (BPDB)coreMax Power Limited operates under a contract with Bangladesh Power Development Board (BPDB) for its 78.5 MW Simple Cycle Gas based Power Plant at Ghorasal, Narshingdi. The power generated is sold to BPDB under a Power Purchase Agreement.
Recent moves5 records
Expansion highlights3 records
Max Power Limited competitors and assessment
Company assessmentOthers
- Bangladesh Power Development Board (BPDB): BPDB is the state-owned off-taker and counterparty to Max Power Limited's PPA. Not a peer but the primary customer and key counterpart in the industry.
- GE Vernova (formerly GE Gas Power): GE is the technology partner and supplier of Gas turbines used at the Max Power Limited Ghorasal plant. Adjacent ecosystem player providing the core generation equipment.
- Power Grid Company of Bangladesh (PGCB): PGCB is the state-owned transmission system operator whose grid hosts generation from Max Power Limited. Not a competitor but a critical infrastructure partner in the Bangladesh power value chain.
Direct peers
- Baraka Power Limited: Baraka Power Limited is a Bangladeshi IPP operating gas-fired and HFO power plants under PPAs with BPDB. Same target market, business model, and regulatory environment as Max Power Limited.
- Energypac Power Generation Ltd: Energypac Power Generation is a Bangladeshi power company involved in IPP and rental power generation, supplying electricity to BPDB and industrial customers. Comparable IPP-style business in Bangladesh.
- Summit Power International: Summit Power International is the largest independent power producer in Bangladesh, operating multiple gas-fired and other generation assets under PPAs with BPDB. Directly comparable to Max Power Limited as a Bangladesh gas-fired IPP selling to the same government off-taker.
- Doreen Power Generations and Systems Limited: Doreen Power is a Bangladeshi listed IPP operating multiple gas and HFO-fired power plants, selling generated electricity to BPDB under PPAs. Comparable in scale, technology, and customer base.
- Kushiara Power Company Limited: Kushiara Power Company Limited is a sister company of Max Power Limited under MAX GROUP, operating a 163 MW combined cycle gas-fired power plant at Fenchuganj, Sylhet under a BPDB PPA. Same business model, off-taker, and parent group.
- United Power Generation & Distribution Company Limited (UPGDCL): UPGDCL is a Bangladeshi power generation and distribution company operating gas-fired plants, listed on the Dhaka Stock Exchange. Operates in the same Bangladesh IPP market with BPDB as core off-taker.
Regional players
- Intraco Power Limited: Intraco is a Bangladeshi energy company with interests in CNG and power generation, operating in related gas-power infrastructure. Same Bangladesh market with overlapping gas-to-power activities.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Max Power Limited social profiles
Digital presenceMax Power Limited compliance and trust
Trust signalCompliance4 records
Max Power Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
Max Power Limited leadership team
Management profileNumber of profiles
Max Power Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Max Power Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Max Power Limited
What does Max Power Limited do?
Max Power Limited operates a 78.5 MW Simple Cycle Gas Based Power Plant at Ghorasal, Narshingdi, Bangladesh, generating electricity under a contract with the Bangladesh Power Development Board (BPDB). The plant was first operated in association with US-based GE Rental Asset Holding Inc., and the second phase was commissioned with brand-new gas turbines from GE (USA).
Is Max Power Limited a public or private company?
Max Power Limited is a private company. It is classified as corporate owned and is currently operating.
When was Max Power Limited founded?
Max Power Limited was founded in 2010. It employs 11 to 50 people.
Who are Max Power Limited's main competitors?
Others on record are Bangladesh Power Development Board (BPDB), GE Vernova (formerly GE Gas Power) and Power Grid Company of Bangladesh (PGCB). Direct peers are Baraka Power Limited, Energypac Power Generation Ltd, Summit Power International, Doreen Power Generations and Systems Limited, Kushiara Power Company Limited and United Power Generation & Distribution Company Limited (UPGDCL). Intraco Power Limited is listed as a regional player.
Does Max Power Limited have an API?
No public API is recorded for Max Power Limited.
What industry is Max Power Limited in?
Max Power Limited's product category is Power Generation. 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.