2017 Bangladesh-India power purchase agreement with Adani Power likely to be retained despite pricing and supply concerns.

Bangladesh's new government is likely to retain its 2017 power purchase agreement with India's Adani Power, despite concerns over high pricing and supply issues. This $2 billion deal involves a 1,600-MW plant in Jharkhand that supplies nearly 10% of Bangladesh's power. While outright cancellation may be challenging, negotiating a tariff reduction could be a viable solution. Currently, Bangladesh owes Adani Power about $800 million, reflecting pricing discrepancies with other Indian producers.

October 11, 2024
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