Dhaka4 hours ago
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Bangladesh has halved the purchase of electricity from Gautam Adani’s power company Adani Power. The government of Bangladesh has taken this decision due to reduced demand due to winter and delay in payment of outstanding payments.
News agency Reuters has given this information. Earlier on October 31, the company had halved the electricity supply to the country due to delay in due payment.
Adani Power said – electricity supply continues but outstanding is a matter of concern
An Adani Power spokesperson said, ‘The company is continuing to supply electricity to Bangladesh, however the increasing arrears are a matter of major concern. This is making it difficult to run the plant. We are in constant talks with BPDB and senior government officials.
They have assured us that our dues will be paid soon. The company is confident that Bangladesh will fulfill its commitments, just as Adani has fulfilled its contractual responsibilities.
Adani provides electricity under 25 contracts signed in 2017
Adani Power is providing this electricity supply to Bangladesh under a 25-year contract signed in 2017. The company supplies this electricity from a $2 billion power plant located in Jharkhand, which has two units and each has a capacity of 800 MW.
One of the two plants closed since November, one working at 42% capacity
According to Reuters, in November, an Adani Power plant operated at only 41.82% capacity, which is the lowest this year. At the same time, another plant is closed since November 1. People associated with BPDB said that last year in winter, BPDB had purchased about 1,000 MW of electricity from Adani every month.
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