Adani Power cuts electricity supply to Bangladesh in half over $846 million unpaid bills.

Adani Power Jharkhand Limited has halved its electricity supply to Bangladesh due to unpaid bills totaling $846 million. The company requested payment from the Bangladesh Power Development Board (PDB) by October 30, warning of reduced supply if dues remained unsettled. As a result, Bangladesh faced a power shortfall exceeding 1,600 megawatts. PDB has been paying about $18 million weekly, but charges have risen, complicating the situation.

November 01, 2024
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