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flag Bangladesh hires UK firm to fight Adani Power in arbitration over disputed contract and alleged corruption.

flag Bangladesh has hired UK law firm 3VP to represent its Power Development Board in SIAC arbitration over disputes with Adani Power, citing excessive coal prices and alleged corruption in a 2024 power agreement. flag A review committee found evidence of improper financial ties between Adani and Bangladeshi officials, prompting the interim government to consider voiding the contract. flag Though Bangladesh paid $437 million in June 2025 to restore power supply, Adani claims $485 million in unpaid dues. flag Mediation is required before arbitration, and legal experts warn of potential counterclaims up to $5 billion.

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