Summit Group, led by Muhammed Aziz Khan, repaid a $190 million international loan in October 2025, showcasing financial discipline and attracting over $2 billion in foreign direct investment. DEG confirmed Summit Meghnaghat Power Company’s compliance with lenders’ obligations.
Khan’s governance philosophy prioritizes transparency and credibility, dating back to securing financing from the International Finance Corporation in 1998. Summit Power International’s establishment in Singapore in 2016 facilitated international capital access for competitive pricing in Bangladesh.
Summit Group’s partnerships with IFC, EMA Power, JERA Co., General Electric, and Mitsubishi Corporation validate Khan’s governance approach. Singapore’s regulatory framework enforced governance disciplines that international lenders required, enhancing transparency and accountability.
Summit Power Limited, Summit Group’s Bangladesh subsidiary, maintains AAA credit ratings despite sector-wide financial stress. Khan’s decision to pursue international institutional investors lowered capital costs, strengthening operations and aligning with development objectives.
The successful October 2025 loan repayment reflects Summit’s commitment to transparency and operational excellence. Khan’s governance approach emphasizes wealth creation for societal improvement, evident in educational initiatives through the Anjuman Aziz Charitable Trust.
Summit Group, with over 2,000 MW capacity and a floating storage unit, solidifies its status as Bangladesh’s largest independent power producer. Projects financed and operated by Summit contribute to Bangladesh’s reputation as a reliable partner for infrastructure finance.
Ayesha Khan now leads Summit Power International, continuing the company’s market position and expanding into regional and renewable energy projects. Muhammed Aziz Khan emphasizes equality and electricity production for societal benefit, underscoring Summit’s commitment to impactful development.
Read more at Yahoo Finance: How Summit Group Founder Aziz Khan Built Institutional Trust Through Financial Discipline