SUMITPOWER announced that the 5 year extended period of Power Purchase Agreement (PPA) on "No Electricity No Pay" basis of Ashulia, Chandina and Madhobdi power plants, each having 10(+/-)10% MW capacity, with Bangladesh Rural Electrification Board (BREB), have expired on August 31, 2023. The Company is now in the process of negotiating tariff and other terms and conditions for the renewal of PPA with BREB.