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Adani Power has agreed to fully restore the 1,600 MW electricity supply from its Indian plant to Bangladesh within the next week, ending a three-month period of reduced output. This decision comes as Bangladesh anticipates increased energy demand with the onset of summer.
The supply reduction began on 31 October 2024, when Adani Power halved its deliveries due to payment delays linked to Bangladesh’s foreign exchange shortages. This led to the shutdown of one of the plant’s two 800 MW units on 1 November 2024.
Despite agreeing to resume full supply, Adani Power has declined the Bangladesh Power Development Board’s (BPDB) requests for significant discounts and tax concessions, which could amount to millions of dollars. Discussions between the two parties are ongoing, focusing on tariff calculations and outstanding payments.
BPDB Chairperson Md. Rezaul Karim has downplayed the disputes, stating there are no major issues with Adani and expressing efforts to increase payments beyond the current $85 million monthly.
The resolution of these financial disagreements is crucial for both parties, as Bangladesh seeks to meet its rising energy needs, and Adani Power aims to maintain a stable international partnership.
