Dhaka, April 25 -- Summit Power International Limited and JERA Asia Private Limited (JERA Asia), a subsidiary of JERA Corporation of Japan, signed a Memorandum of Understanding (MOU) on Monday to collaborate on developing a carbon-neutral roadmap for Summit while supporting Bangladesh's continued socio-economic development.

The MoU was signed between Nicholas Padgalskas, Chief Financial Officer (CFO) of Summit Power International, and Toshiro Kudama, CEO of JERA Asia, in the presence of senior officials of Japan at the Asian Green Growth Partnership Ministerial (AGGPM) Meeting in Tokyo.

According to a press release, the MOU included pathways for establishing zero emissions targets for the Summit to accelerate the adoption of renewable p...