Summit group | The Business Standard

Court

Court orders seizure of Summit's Luxemburg shares

The ACC has been probing allegations against Summit Group and its associates engaged in bribery, corruption and offensive procedures for accumulating wealth

Summit Corporation Ltd appoints new CFO

Corporates

Summit Corporation Ltd appoints new CFO

Representational image of a flare stack at a gas field. Photo: Collected

Energy

Relief in the pipeline if regasification can keep pace

Summit Group holds iftar in singapore for about 200 migrant workers

Corporates

Summit Group holds iftar in singapore for about 200 migrant workers

The Supreme Court building in Dhaka. File Photo: BSS

Court

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

Court

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

Energy

Summit's 2nd LNG terminal deal cancelled for good

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

Energy

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

Energy

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

NBR

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

NBR to revoke tax exemption for 2 Summit Group subsidiaries

Economy

NBR to revoke tax exemption for 2 Summit Group subsidiaries

92% of Summit Group's power capacity operational

Energy

92% of Summit Group's power capacity operational

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

Bangladesh

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