Bangladesh halves power buying from India's Adani amid payment dispute
- Bangladesh has reduced its power purchase from India's Adani Power by half due to lower winter demand and payment disputes, according to government officials.
- Bangladesh currently owes Adani Power approximately $650 million, having paid $85 million last month and $97 million in October.
- The Bangladesh High Court has ordered an investigation into Adani's contract, prompting calls for renegotiation or cancellation of the 25-year agreement due to high costs and anomalies.
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Total News Sources0
Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 30%
C 30%
R 40%
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