Bangladesh asks Adani Power to revisit 2017 pact over ‘excessive’ pricing: Report
1 year, 10 months ago

Bangladesh asks Adani Power to revisit 2017 pact over ‘excessive’ pricing: Report

Hindustan Times  

NEW DELHI: Authorities in Bangladesh have sought a revision of an agreement with Adani Power Ltd for importing electricity from a thermal power plant in Jharkhand over the “excessive” pricing of coal, according to a Bangladeshi media report. Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration The Bangladesh Power Development Board signed a 25-year power purchase agreement with Adani Power in Dhaka in November 2017 to supply 1,496 megawatts of electricity from a coal-based power plant at Godda in Jharkhand. BPDB, which oversees the development of Bangladesh’s power sector, has sent a letter to Adani Power regarding revision of the agreement, the United News of Bangladesh news agency reported, citing unnamed officials. Dhaka’s position on the issue was also communicated to Adani Power when Bangladesh’s state minister for power, Nasrul Hamid, visited the power plant in the first week of January, the report said.

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