Bangladesh to review power purchase agreement with Adani Power

07 Feb 2023 CW Team

The Bangladesh Power Development Board (BPDB), the government agency in charge of developing Bangladesh's power sector, has requested that the power purchase agreement (PPA) it signed with Adani Power for importing electricity from its thermal power plant in Jharkhand, India, be revised. According to reports, the primary reason for the change is a disagreement over the price of coal to be used as fuel for the project.

This news, following the Hindenburg Report, demonstrates that Adani is not only fighting on a single front, but conflicts are raging on multiple fronts. It is a significant setback in the midst of the current turmoil.

According to sources, BPDB has already written to the Adani Group, asking the opening of Letters of Credit (LCs) in India in order to purchase coal. The imported coal is expected to power the 1,600 MW facility in Jharkhand.

Adani Power need a demand note from BPDB before importing coal for its thermal power plant in the Godda district of Jharkhand, as practically all of the power generated by the project will be sent to Bangladesh.

Bangladesh will pay for the cost of importing the coal, including transportation, with the sum reflected in the Power Purchase Agreement's rate. However, Adani Power recently requested that BPDB produce the demand note, with the coal price listed at $400 per metric tonne, which BPDB officials say is far too excessive given the current status of the worldwide market.

According to officials, the ensuing letter constitutes BPDB's formal request for the PPA to be reviewed and the tariff structure to be changed before it can begin importing electricity.

BPDB has raised concerns over a steep bill for the purchase of coal from Adani Power, as the Power Purchase Agreement (PPA) signed with the Indian firm does not contain a provision for discounts.

Also Read
SEBI introduces new regulatory framework for depository receipts
Sitharaman urges to establish guidelines for renewable energy

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..