Bangladesh asks Adani to resume full power supply after months of payment delays.

Bangladesh has asked Adani Power, an Indian energy company, to fully resume power supplies from its 1,600-megawatt plant in Jharkhand after reducing sales for over three months due to payment delays. Adani had cut supply in October as Bangladesh faced foreign exchange shortages. Bangladesh has been paying $85 million monthly to clear dues and has now instructed Adani to resume full supply. A court in Bangladesh is reviewing the contract, which could lead to renegotiations.

5 weeks ago
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