Bangladesh’s Power, Energy and Mineral Resources Adviser Muhammad Faozul Kabir Khan has said that the government will pay USD 100 million to Indian company Adani Power within this month as a partial settlement of outstanding dues. He confirmed that disagreements persist regarding several issues, including coal pricing and delayed payment penalties. A High Court petition alleging corruption in the Adani deal has further complicated the matter, prompting Bangladesh to proceed with an “on protest” partial payment rather than a full settlement. Adani Power recently issued an ultimatum demanding payment of USD 496 million in arrears by 10 November, warning that electricity supply from its Jharkhand-based 1,600 MW plant would be suspended from 11 November if dues remained unpaid. Bangladesh, however, contests the amount, stating the outstanding figure is USD 262 million. The dispute largely stems from differences in coal price calculations—Adani referencing international market rates while Bangladesh insists on Indonesia’s coal index, resulting in significant variation. Adani’s contract allows the company to halt electricity supply if payments are not made on time, while still retaining rights to capacity payments. The power purchase agreement, signed in 2017, commits Bangladesh to buying electricity from the plant for 25 years, but an official investigation has already identified several irregularities. Khan reiterated that the government will cancel the deal if proven flawed.
বিদ্যুৎ, জ্বালানি ও খনিজসম্পদ উপদেষ্টা মুহাম্মদ ফাওজুল কবির খান যুগান্তরকে বলেছেন, চলতি মাসের মধ্যে আদানীর বকেয়া বাবদ ১০০ মিলিয়ন ডলার পরিশোধ করা হবে।
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