United Power Generation & Distribution Company Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 2017

United Power Generation & Distribution Company Ltd. is a Bangladesh-based commercial independent power producer (IPP). The principal activity of the Company is to generate electricity by gas fired power plants, at Dhaka Export Processing Zone (DEPZ) with 82 megawatts (MW) capacity and Chattogram Export Processing Zone (CEPZ) with 72 MW capacity and to sell electricity to the export processing industries located inside DEPZ and CEPZ with the provision of selling surplus power outside the Export Processing Zones (EPZs) after fulfilling their requirement. The Company is also supplying electricity to Dhaka PBS-1 of Bangladesh Rural Electrification Board (BREB), Bangladesh Power Development Board (BPDB), Karnaphuli Export Processing Zone (KEPZ) and other private sector companies. The Company’s subsidiaries include United Energy Ltd, United Ashuganj Energy Ltd, Leviathan Global BD Ltd., United Anwara Power Limited, and United Anwara Power Limited.