Adani Power subsidiary faces $800m unpaid debt from Bangladesh during economic crisis.

Adani Power, a subsidiary of Gautam Adani's conglomerate, faces an unpaid debt of approximately $800m from Bangladesh, as the nation navigates its ongoing economic crisis. Bangladesh owes the sum to Adani Power Ltd for electricity supplied by its coal-fired plant in Jharkhand's Godda district. Adani Power is in negotiations with the Bangladeshi interim government to resolve the issue, as the unpaid dues increase financial and geopolitical risks for the Adani Group in its global expansion.

August 23, 2024
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