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 […]
Adani restores power supply to Bangladesh as regular payments resume – EQ
In Short : Adani Group has restored power supply to Bangladesh after the Bangladesh Power Development Board (BPDB) resumed regular payments. Electricity from the 1,600 MW Godda power plant is now flowing uninterrupted, easing energy shortages. This strengthens India-Bangladesh energy cooperation, ensuring grid stability and supporting Bangladesh’s growing power needs while reinforcing the importance of […]