Adani Power reduced its supply on October 31, citing delayed payments from Bangladesh, which is grappling with a foreign exchange crisis.

Bangladesh has halved the power it buys from neighbouring India's Adani Power, citing lower winter demand, government officials told Reuters on Monday, amid disagreements over dues running into hundreds of millions of dollars.

Dhaka: India's neighbouring country Bangladesh has cut down to half the power it buys from Adani Power. The reason cited by Bangladesh is that the demand for power falls down during winters. This was conveyed by government officials to news agency Reuters on Monday,

DHAKA: Bangladesh wants to sharply lower prices under a power-purchase deal with India’s embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal,

Adani Power said on Monday it has no indication that the Bangladesh government is reviewing a power purchase agreement with the company, a day after Reuters reported that the country is looking to renegotiate the deal.

Bangladesh has halved its power imports from Adani Power due to reduced winter demand and disputes over $650 million in unpaid dues. Adani had already

Bangladesh reduces power purchase from Adani due to lower winter demand and payment disputes, facing mounting dues.

Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal,

Bangladesh wants to renegotiate its power purchase deal with Adani Group if the agreement isn’t canceled by a court, Reuters reported, citing the head of its power ministry.

Adani has been supplying power under a 25-year contract signed in 2017 under ousted PM Sheikh Hasina, from a $2 billion power plant in Jharkhand that has two units.

Bangladesh seeks to significantly reduce prices under a power purchase deal with Adani Group or consider its cancellation pending a court investigatio