Company · Analysis · 29 Oct 2026
Doreen Power: three HFO plants under BPDB contracts to 2031-2037, EPS BDT 5.03 in FY2026, and BDT 6.3bn lent to sister concerns
The gas plants are gone; profit now comes from 225 MW of HFO plants running at about a third of capacity. Finance cost fell, but the current account with group companies rose to 61% of equity while BDT 13.0bn of bank borrowings stayed on the books.
Doreen Power Generations and Systems Limited (DOREENPWR) was set up in 2007 to build gas-fired power plants for state buyers and listed on the Dhaka and Chittagong exchanges on 30-Mar-2016. Today it operates only through subsidiaries. Its own three 22 MW gas plants at Tangail,…