AM Energy Limited was established in 2005 as a captive power generating plant. It is situated on the bank of the river Meghna and constructed on 1.73 acres of land. Initially it was designed for generating 10MW by steam turbine generator but presently has 6MW capacity with 3.5MW maximum power generated. 2.5MW is supplied to Abdul Monem Sugar Refinery Limited for the factory operations and 1MW is transmitted to REB-Rural Electrification Board.

The company is looking for joint venture partners for developing power plants with conventional as well as renewable energy source