In Short : Bangladesh has cleared $437 million in outstanding dues to Adani Power, covering electricity supplied up to March 31, including late fees. The settlement ensures future payments through a two-month letter of credit and a sovereign guarantee. With financial terms normalized, Adani has resumed full power supply from its 800 MW Godda plant, meeting […]
Bangladesh seeks full power supply restoration from Adani plant – EQ
In Short : Bangladesh has requested Adani Power to restore full electricity supply from its Jharkhand plant after reduced output due to payment disputes and low winter demand. Despite ongoing payment efforts, technical issues have delayed the restart of the second unit. Bangladesh is also seeking a renegotiation of the high electricity tariff, which is […]
