Bangladesh wants revision of power purchase deal with Adani

More trouble for Adani Group as Bangladesh seeks revision of power deal — 'excessive pricing'

Bangladesh Power Development Board is seeking revision of power deal inked in 2017. It has objected to high price of coal brought from Adani's mine from Australia for the project.

Bangladesh wants revision of power purchase deal with Adani

Hamid, however, told reporters that Bangladesh would start importing the power generated by one of the two units at the plant, some 750 MW, from March.

Bangladesh wants revision of power purchase deal with Adani

"We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter.

Bangladesh wants revision of 2017 power purchase deal with Adani Power

Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday.

Bangladesh Power Board Seeks Revision to Power Purchase Agreement With Adani Power

The main issue of contention is reportedly the price of coal to be purchased for the project.

Bangladesh seeks revision of power purchase agreement with Adani Group

Anr official of BPDB said that they found the coal price quoted by the company to be excessive. They had reportedly quoted USD400/MT, but it should be less than USD250/MT.