United Ashuganj Energy Ltd. (UAEL) is the country's first combined cycle, modular power plant. It is also the first joint venture IPP between the government of Bangladesh and a private sector concern. This 200 MW Natural Gas fired plant is located inside Ashuganj Power Station Complex at Ashuganj, Brahmanbaria.

UAEL is the flagship project of United Group having earned both national and international fame for the country. Asian Power Awards, on September 2015, recognized UAEL as the Combined Cycle Power Plant of the year awarding it with a Gold award in the category. At the same event UAEL also won Silver and Bronze awards at the Fast Track Project of the Year and Gas Power Project of the Year category respectively.



 UAEL has also been honored with being the Best Power Generation Project in the Private Sector at the National Energy & Power Week 2016.
· First-of-its-kind, introducing an environment friendly co-generation facility with modular configuration
· Employs 20 units of high efficiency, state-of-the-art, brand new, Wärtsilä 20V34SG engines
· 20 units of Waste Heat Recovery Boilers connected at the exhaust end of the engines produce steam to drive a steam turbine, producing 16.1 MW power.