15 February 2025 13:02 PM
NEWS DESKBillionaire Gautam Adani's company halved supply to Bangladesh on 31 October due to payment delays as the country battled a foreign exchange shortage. This led to the shutdown of one of the two equal-sized units of the plant on 1 November, followed by Bangladesh's request to keep supplying only half the power, citing low winter demand and as the payment issue bubbled.
Billionaire Gautam Adani's company halved supply to Bangladesh on 31 October due to payment delays as the country battled a foreign exchange shortage. This led to the shutdown of one of the two equal-sized units of the plant on 1 November, followed by Bangladesh's request to keep supplying only half the power, citing low winter demand and as the payment issue bubbled.
Ahead of summer demand and on Bangladesh Power Development Board's (BPDB) request, Adani Power has agreed to resume full supplies by next week, said the two sources who had direct knowledge of the matter but declined to be named as they were not authorised to talk to the media. The plant in eastern India sells only to Bangladesh.
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