Adani Power cuts Bangladesh supply by over 60% on payment dispute
Adani Power has further reduced electricity supply to neighbouring Bangladesh as it seeks to recover more than $800 million in dues, according to data from Bangladesh's grid operator and two sources familiar with the move.
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Adani Power, which exports power to Dhaka from its dedicated 1,600 megawatt (MW) Godda plant in eastern India's Jharkhand state, had reduced supply this month to 700 MW-750 MW from around 1,400-1,500 MW in early August.
Late on Thursday, supply was further reduced to about 520 MW, according to Power Grid Bangladesh data and an official with the Bangladesh Power Development Board (BPDB).
Also Read: Bangladesh promises over Rs 1,450 crore to Adani for continuous power supply
«We are gradually paying the dues and will take alternative measures if anyone stops the supply. We will not let any power producer hold us hostage,» Muhammad Fauzul Kabir Khan, power and energy adviser in Bangladesh's caretaker government, told Reuters on Thursday.
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