(thefinancialexpress-bd.com) Energypac Power Generation Ltd. (EPGL) has announced the successful acquisition of Energypac Confidence Power Venture Limited (ECPVL), an 11 MW gas-fired power plant and Energypac Confidence Power Venture Chittagong Limited (ECPVCL), a 112 MW HFO-fired power plant in a deal valued at Tk 1.24 billion (124 crore). The company was previously a joint-venture between  Energypac Power Generation Ltd. (EPGL) and Confidence Cement Limited (CCL) having an equal 50 per cent of equity shares. Energypac PowerGeneration Ltd. (EPGL) acquired 40 per cent share from Confidence Cement Limited (CCL) to hold the majority of 90 per cent share of Energypac Confidence Power Venture Limited (ECPVL) and Confidence Power Venture Chittagong Limited (ECPVCL), thus completing the transfer of ownership. The rest of the 10 per cent share is equally owned by the five board directors-Humayun Rashid, Rabiul Alam, Enamul Haque Chowdhury, Rezwanul Kabir and Nurul Aktar. During the transfer of shares at RJSC, on behalf of  Energypac Power Generation Ltd. (EPGL), Managing Director and CEO Humayun Rashid and Director Enamul Haque Chowdhury were present. Chairman Rezaul Karim and Director Imran Karim from Confidence Cement Limited (CCL) were also present.