Bangladesh Seeks Full Power Supply Restoration From Adani Plant
POWER & RENEWABLE ENERGY

Bangladesh Seeks Full Power Supply Restoration From Adani Plant

Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in Jharkhand, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes. Adani, which signed a 25-year contract under former Prime Minister Sheikh Hasina in 2017, has been supplying power from its $2 billion plant in Godda, Jharkhand. The plant, with two units each of 800 megawatts capacity, sells exclusively to Bangladesh. The company halved supply to Bangladesh on October 31 due to payment delays as the country battled a foreign exchange shortage. This led to the shutdown of one unit on November 1, resulting in the plant operating at about 42% capacity. The state-run Bangladesh Power Development Board (BPDB) said it had been paying $85 million a month to Adani to clear outstanding dues and has now told the company to resume supply from the second unit. "As per our requirement today, they have planned to synchronise the second unit, but due to the high vibration, it didn't happen," BPDB Chairperson Md. Rezaul Karim told Reuters, referring to some technical problems that stopped the unit from restarting on Monday (February 10, 2025). "Right now, we are making a payment of $85 million per month. We are trying to pay more, and our intention is to reduce the overdue. Now there is no big issue with Adani." BPDB and Adani officials were due to meet virtually February 11, 2025 following another meeting recently to work out various issues between them, said a source with direct knowledge of the matter who did not want to be named as he was not authorised to talk to the media. An Adani Power spokesperson did not immediately respond to a request for comment. In December, an Adani source said BPDB owed the company about $900 million, while Karim said at the time the amount was only about $650 million.

Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in Jharkhand, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes. Adani, which signed a 25-year contract under former Prime Minister Sheikh Hasina in 2017, has been supplying power from its $2 billion plant in Godda, Jharkhand. The plant, with two units each of 800 megawatts capacity, sells exclusively to Bangladesh. The company halved supply to Bangladesh on October 31 due to payment delays as the country battled a foreign exchange shortage. This led to the shutdown of one unit on November 1, resulting in the plant operating at about 42% capacity. The state-run Bangladesh Power Development Board (BPDB) said it had been paying $85 million a month to Adani to clear outstanding dues and has now told the company to resume supply from the second unit. As per our requirement today, they have planned to synchronise the second unit, but due to the high vibration, it didn't happen, BPDB Chairperson Md. Rezaul Karim told Reuters, referring to some technical problems that stopped the unit from restarting on Monday (February 10, 2025). Right now, we are making a payment of $85 million per month. We are trying to pay more, and our intention is to reduce the overdue. Now there is no big issue with Adani. BPDB and Adani officials were due to meet virtually February 11, 2025 following another meeting recently to work out various issues between them, said a source with direct knowledge of the matter who did not want to be named as he was not authorised to talk to the media. An Adani Power spokesperson did not immediately respond to a request for comment. In December, an Adani source said BPDB owed the company about $900 million, while Karim said at the time the amount was only about $650 million.

Next Story
Infrastructure Energy

Amazon Invests in Three Wind Energy Projects in India

Amazon has announced significant investments in three wind energy projects across Karnataka, Maharashtra, and Tamil Nadu, which will generate over 379 MW of clean energy. This move underscores the company’s commitment to achieving 100% renewable energy operations.The projects, which are part of Amazon’s broader sustainability strategy, include the CleanMax Koppal project (100 MW) in Karnataka, BluPine Solapur (99 MW) in Maharashtra, and JSW Energy Dharapuram (180 MW) in Tamil Nadu. These developments are expected to help India in meeting its ambitious target of generating 50% of its electr..

Next Story
Infrastructure Energy

ONGC Inks E&P Pact With Bp

State-owned Oil and Natural Gas Corporation Limited (ONGC) and bp have agreed to explore opportunities for collaboration and partnership across the energy industry in India and internationally, focusing on oil and gas exploration and production, as well as trading and extending to other energy vectors. The two companies signed a memorandum of understanding (MoU) ahead of the India Energy Week. Under the terms of the MoU, bp will collaborate with ONGC to jointly explore and evaluate potential business opportunities in oil and gas projects both within India and internationally, the com..

Next Story
Infrastructure Energy

HPCL Plans To Raise Vizag Oil Refinery Capacity By 20%

State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local fuel demand .India is raising its crude processing capacity as the world's third-largest oil importer and consumer wants to be a major global refining hub while its fuel demand is expected to continue growing for the next decade. HPCL recently expanded the capacity of the Vizag refinery to 300,000 barrels per day and is looking for a further increase. HPCL will soon start operations at the Vizag refinery's new secondary units,..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?