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The Business Standard

Thursday
January 01, 2026

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THURSDAY, JANUARY 01, 2026

Summit group

Summit group

The Supreme Court building in Dhaka. File Photo: BSS

SC stays re-tender process for 3rd FSRU following Summit’s appeal

Summit LNG challenged the legality of the interim government’s decision to scrap a previously agreed deal for a second FSRU

Summit Group logo

Court orders freezing 191 bank accounts of Summit Group

The Floating Storage Regasification Unit (FSRU) operated by Summit in the Bay of Bengal is vital for Bangladesh's gas supply. However, both it and the FSRU operated by Excelerate Energy face security concerns due to a lack of dedicated surveillance. Operators have long sought government security support, but progress on essential measures has stalled since April despite annual meetings. Photo: SUMMIT POWER INTERNATIONAL WEBSITE

Summit's 2nd LNG terminal deal cancelled for good

Summit denies tax evasion allegations, terms media reports 'baseless'

Summit denies tax evasion allegations, terms media reports 'baseless'

Summit Group logo

Tax exemptions were part of broader policy to attract investment: Summit responds to White Paper

Two Summit companies evade Tk1,100cr in taxes, NBR alleges

Two Summit companies evade Tk1,100cr in taxes, NBR alleges

NBR to revoke tax exemption for 2 Summit Group subsidiaries

NBR to revoke tax exemption for 2 Summit Group subsidiaries

92% of Summit Group's power capacity operational

92% of Summit Group's power capacity operational

A floating storage regasification unit of Summit Power. Photo: Courtesy

Govt cancels deal with Summit Group to set up third floating LNG terminal

Muhammed Aziz Khan. Sketch: TBS

Bank accounts of Summit Group Chairman Aziz Khan frozen

Summit Group logo

Summit requests govt action to safeguard $3b investment plans

Muhammed Aziz Khan. Photo: Kelvin Chng/SPHOL/AP Photos via Bloomberg

Bangladeshi tycoon Khan says investor confidence must be revived

Bangladesh's Summit Group reviewing cross-border power deals after India rule change

Bangladesh's Summit Group reviewing cross-border power deals after India rule change

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