Bangladesh has instructed Adani Power to fully resume power supplies from its 1,600-megawatt plant in India, following a three-month period of reduced sales due to low winter demand and payment disputes. Adani, which signed a 25-year contract in 2017, had halved power supply in October due to payment delays stemming from Bangladesh's foreign exchange shortage. While BPDB has been clearing outstanding dues, technical issues delayed the restart of the second unit. Negotiations are ongoing to resolve pricing disputes and other contractual matters.
NEW DELHI – Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in India, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes.
"As per our requirement today, they have planned to synchronise the second unit, but due to the high vibration, it didn't happen," BPDB Chairperson Md. Rezaul Karim told Reuters, referring to some technical problems that stopped the unit from restarting on Monday. An Adani Power spokesperson did not immediately respond to a request for comment. In December, an Adani source said BPDB owed the company about $900 million, while Karim said at the time the amount was only about $650 million.
Last year, Bangladesh's interim government accused Adani of breaching the power-purchase agreement by withholding tax benefits that the Jharkhand plant received from New Delhi, Reuters reported in December citing documents. Bangladesh officials also said they were reviewing the contract.
POWER SUPPLY BANGLADESH ADANI INDIA PAYMENT DISPUTES
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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