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ADB TA-4626 BAN: Corporatization of Bangladesh Power Development Board (BPDB)

Client

ADB TA-4626 BAN: Corporatization of Bangladesh Power Development Board (BPDB)

Bangladesh Power Development Board (BPDB)/ Asian Development Board

Country

Bangladesh

Value

US$ 22,000

The TA involved detail planning for corporatization of BPDB. This included devising key strategies for evaluating assets; establishing a viable financing plan; formulating personnel policies; organizing the transfer of assets and staff to the new company; organizing the voluntary separation scheme for eligible staff of BPDB; examining and organizing for the sale of BPDB's shareholding in its affiliated companies; and implementing financial and management information system.


  • Reviewing the Memorandum and Articles of Association prepared for registration of the corporatized company and determine the required adjustments.

  • Reviewing the then legal and regulatory framework in Bangladesh applicable to corporatization of BPDB.

  • Identifying legal steps to transfer assets and personnel from BPDB to the corporatized company, and draft the necessary legal documents.

  • Determination of additional required legal documents and/or instruments to effect the corporatization of BPDB as a holding company.

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