Bangladesh May Scrap Adani Power Deal Over Irregularities

Bangladesh’s interim government has stated that it will not hesitate to cancel its existing power supply contract with India’s Adani Group if any irregularities or corruption are found in connection with the agreement.

The deal, signed in 2017 between Adani Power and the Bangladesh Power Development Board (BPDB), came under renewed scrutiny following the ouster of the Sheikh Hasina-led government last year.

“The contracts generally include a clause declaring that no corruption has taken place, but if evidence proves otherwise, the agreement can be cancelled,” Muhammad Fouzul Kabir Khan, Energy Affairs Adviser to the interim government, was quoted as saying by local media.

The 2017 agreement involves the supply of power from Adani’s Godaura Power Plant in Jharkhand, India, to Bangladesh under a long-term cross-border electricity arrangement.

Officials in Dhaka said the government is reviewing multiple energy contracts signed under the previous administration to ensure transparency, accountability, and value for consumers.

The Adani Group, which began supplying electricity to Bangladesh in 2023, has not yet responded publicly to the remarks.

Related Stories