Adani Halves Power Supply to Bangladesh Over Unpaid Bills: Report
POWER & RENEWABLE ENERGY

Adani Halves Power Supply to Bangladesh Over Unpaid Bills: Report

India's Adani Power Jharkhand (APJL), a fully-owned subsidiary of Adani Power, has ceased half of its power supply to Bangladesh due to outstanding bills totalling $846 million. According to data from Power Grid Bangladesh PLC, the Adani plant reduced its supply on Thursday night.

Bangladesh experienced a power shortfall exceeding 1,600 megawatts (MW) during the night between Thursday and Friday, as the 1,496 MW plant is now producing only 700 MW from a single unit, the newspaper noted.

Previously, Adani had sent a letter to the power secretary, urging the Bangladesh Power Development Board (PDB) to settle its outstanding dues by October 30.

The letter, dated October 27, indicated that if the bills were not cleared, the company would have no choice but to take remedial action under the Power Purchase Agreement (PPA) by suspending power supply on October 31. The company mentioned that the PDB had not provided a letter of credit (LC) for $170.03 million from Bangladesh Krishi Bank, nor had it settled the outstanding amount of $846 million.

The newspaper quoted a PDB official who stated that while they had previously cleared a portion of the dues, Adani had been charging more since July than in earlier months.

The official explained that the PDB has been making weekly payments of around $18 million, while the charges have exceeded $22 million, resulting in an increase in due payments. He added that last week's payment was submitted to Krishi Bank, but the bank was unable to open a letter of credit against the payment due to a shortage of dollars.

Regarding the additional payment, the official mentioned that when the PDB inquired about coal pricing in February of the previous year, they had signed a supplementary agreement that required Adani to quote coal prices lower than those of other coal-fired power plants.

India's Adani Power Jharkhand (APJL), a fully-owned subsidiary of Adani Power, has ceased half of its power supply to Bangladesh due to outstanding bills totalling $846 million. According to data from Power Grid Bangladesh PLC, the Adani plant reduced its supply on Thursday night. Bangladesh experienced a power shortfall exceeding 1,600 megawatts (MW) during the night between Thursday and Friday, as the 1,496 MW plant is now producing only 700 MW from a single unit, the newspaper noted. Previously, Adani had sent a letter to the power secretary, urging the Bangladesh Power Development Board (PDB) to settle its outstanding dues by October 30. The letter, dated October 27, indicated that if the bills were not cleared, the company would have no choice but to take remedial action under the Power Purchase Agreement (PPA) by suspending power supply on October 31. The company mentioned that the PDB had not provided a letter of credit (LC) for $170.03 million from Bangladesh Krishi Bank, nor had it settled the outstanding amount of $846 million. The newspaper quoted a PDB official who stated that while they had previously cleared a portion of the dues, Adani had been charging more since July than in earlier months. The official explained that the PDB has been making weekly payments of around $18 million, while the charges have exceeded $22 million, resulting in an increase in due payments. He added that last week's payment was submitted to Krishi Bank, but the bank was unable to open a letter of credit against the payment due to a shortage of dollars. Regarding the additional payment, the official mentioned that when the PDB inquired about coal pricing in February of the previous year, they had signed a supplementary agreement that required Adani to quote coal prices lower than those of other coal-fired power plants.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?