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Khulna Power Company Limited (KPCL) has signed an asset purchase agreement with Dubai-based Subson Energy FZCO to sell its 40-megawatt power plant located in Noapara, Jashore. According to the Dhaka Stock Exchange, the deal includes provisions for KPCL to either sell the plant or export its generated electricity. This follows a previous agreement with Turkey’s Aksa Enerji Üretim A.S. for the sale of KPCL’s 115MW KPC Unit-2 in Khalishpur, Khulna. KPCL’s financial performance has improved notably, with earnings per share (EPS) rising to Tk 0.25 in the first quarter of fiscal year 2025–26, compared to Tk 0.04 a year earlier. The company’s net asset value per share (NAVPS) stood at Tk 19.27 as of September 30, 2025. KPCL attributed the profit growth to higher income and increased contributions from its subsidiaries. For the 2024–25 fiscal year, KPCL declared a 5% cash dividend for general investors, following a 10% payout in the previous two years.

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