Doreen Power

DSE: DOREENPWR

Power · Doreen Group

Doreen Power Generations and Systems is the listed power arm of Doreen Group, an independent power producer operating engine-based power plants that sell electricity to the national grid under PPAs.

Business: Operation of independent power plants (largely reciprocating-engine/gas-based units) supplying electricity to the Bangladesh Power Development Board, within a diversified group spanning power, real estate and garments.

Market data

Market capitalisation

5,325 mn BDT

Paid-up capital

1,811 mn BDT

Outstanding shares

181,118,901

Last price

29.2 BDT

Listed

2016

Market category

A

Source: Dhaka Stock Exchange, fetched 2026-05

Policy exposure

Reliance on PPA-backed capacity payments typical of mid-sized rental/IPP plants Mid-sized engine plants illustrate the broader cost question of whether short- and medium-term capacity contracts still deliver value as base-load capacity grows. Source: analysis

Fuel-supply and tariff risk for gas/liquid-fuel engine plants Fuel availability and indexed tariffs determine plant utilisation and the subsidy cost passed to the public utility. Source: analysis

Group-level governance with a diversified family conglomerate behind a listed single-purpose entity Related-party transactions and inter-group lending in family conglomerates are a standing minority-shareholder and BSEC governance concern. Source: analysis