KM Rezaul Hasanat, chairman of Viyellatex Group, has been elected as the president of the Bangladesh Independent Power Producers' Association (BIPPA) for 2025 and 2026.

Gulam Rabbani Chowdhury, Abu Bakar Siddique Ali Chowdhury, and Navidul Huq were elected as vice presidents.

The newly elected directors of BIPPA include ANM Tariqur Rashid, Faisal Ahmed Chowdhury Md. Reaz Uddin, Mostafa Moin, Md Rubyet Tanvir, Mohammad Shamim Reza Khan, and Aniqa Haque.

Hasanat, who ventured into the independent power producer (IPP) sector in 2012, has received numerous national and international accolades.

Chowdhury, founder of Baraka Group, is a pioneer in agro-machinery innovation, while Siddique Ali Chowdhury manages ASMA Capital Partners and oversees several infrastructure investments.