Company · Analysis · 29 Oct 2026
GBB Power: no turnover since the Bogura PPA ended on 17 June 2023, FY2025 profit of BDT 11.1m from BDT 81.8m of other income, and two solar contracts signed in 2026
The 20 MW gas plant at Bogura has produced nothing since June 2023; FY2025 other income was BDT 81.8m and plant and office costs BDT 50.9m. The auditor draws attention to a material uncertainty on going concern, the board has had no independent director since 23-Dec-2024, and FY2026 EPS was BDT 0.07 on the DSE post of 29-Oct-2026.
GBB Power Limited owns a gas-fired plant inside the Bangladesh Power Development Board (BPDB) compound at Puratan Bogura. The company information page describes it as "a 20+/- (10%+/-) MW Power Plant" built "under an agreement with Bangladesh Power Development Board and for Gas purchase with…