“After Adani Group threatened to cut power supply to Bangladesh over non-payment of dues, Bangladesh begins payment, power supply increased”, Opindia, March 28, 2025:
“Months after halting power supply to unrest-hit Bangladesh over non-payment of dues, Adani Power resumed electricity supply to the neighbouring country. Both the units of Adani Power’s plants in Godda increased supply earlier this month after Bangladesh began clearing dues.
On 27th March, Rezaul Karim, chairman of Bangladesh Power Development Board, informed about the power supply resumption and said, “We’re making regular payments to Adani and receiving power as per our requirements.”
Reports say that Adani Power is receiving $80- 90 million regularly from Bangladesh. This amount also covers payment for current consumption. The dues are estimated at around $820-830 million, which is expected to be paid in the coming months. As per a Times of India report, Bangladesh Power Development Board had provided guarantees to assure Adani’s lenders and help reduce the cash crunch of the company……”
Read the full article at Opindia.com
