Dhaka4 minutes ago
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Adani Power has halved its electricity supply to Bangladesh. Group company Adani Power Jharkhand Limited (APJL) has taken this step due to non-payment of dues of $ 846 million (about Rs 7,118 crore). This information has been given by Bangladeshi media Daily Star.
According to data from Bangladesh’s power grid, APJL reduced electricity supply from Thursday night. Due to this cut, Bangladesh faced a power shortage of more than 1,600 megawatts (MW) overnight. The 1,496 MW Bangladeshi plant is now operating at 700 MW.
Letter was written to PDB on 27 October
Earlier on Sunday (October 27), Adani Power had sent a letter to Bangladesh Power Development Board (PDB) asking it to pay the outstanding amount by October 30. The company had said that if payment is not made on time, power supply will be suspended till October 31 under the Power Purchase Agreement (PPA).
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