Bangladesh has urged Adani Power to restore full electricity supply from its 1,600-megawatt plant in India after months of reduced transmission due to payment delays and seasonal demand fluctuations. Adani Power, operating under a 25-year contract since 2017, had halved supply to Bangladesh on October 31, citing outstanding dues. The state-run Bangladesh Power Development Board (BPDB) has since been paying $85 million monthly to settle obligations and now seeks full capacity restoration.
"As per our requirement today, they have planned to synchronise the second unit, but due to the high vibration, it didn't happen," BPDB Chairperson Md. Rezaul Karim told Reuters, highlighting a technical issue preventing an immediate restart. He added, "Right now, we are making a payment of $85 million per month. We are trying to pay more, and our intention is to reduce the overdue. Now there is no big issue with Adani."
A contract dispute remains over power pricing, with Adani’s tariffs reportedly 55% higher than the average cost of Indian electricity supplied to Bangladesh. A Bangladesh court has ordered a review of the agreement, with findings expected this month.
Meanwhile, the Adani Group faces separate scrutiny, including a U.S. indictment of founder Gautam Adani in a $265 million bribery case. Despite this, Adani Power maintains it has upheld all contractual indemnity.
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