Archive · 28 Jun 2025
Bangladesh Makes $384M Payment to Adani Power
Bangladesh, a country that buys electricity from India, recently paid a big chunk of what it owed to the company that provides the power.
This payment, about USD 384 million, helps reduce their debt.
Bangladesh had trouble paying because things got more expensive and there were some political issues.
The electricity company had reduced the power supply but has now restored it after these payments were made.
The two sides are still talking about some of the costs involved.
Bangladesh paid Adani Power USD 384 million in June, reducing outstanding dues.
The payment clears admitted claims up to March 31.
Adani's claimed dues will be reduced to around USD 500 million after the payment.
Bangladesh struggled with payments due to rising import costs and political turmoil.
Adani had halved supply last year but resumed full supply in March 2025.
- Who
- Bangladesh and Adani Power are the involved parties.
- What
- Bangladesh paid USD 384 million to Adani Power to reduce outstanding dues.
- When
- The payment was made in June.
- Where
- The financial transactions involve Bangladesh and Adani Power, likely concerning electricity supply from a plant in India.
- Why
- Bangladesh aims to reduce its debt and settle payment issues under the power supply agreement.
Government
Interim government
Power Purchase Agreement
Government
Supports the power purchase agreement
Interim government
Opposes the power purchase agreement
- Payment Amount
- USD 384 million
- Dues Cleared Until
- March 31
- Remaining Dues (approx.)
- USD 500 million
- Original Deal Year
- 2017
- Supply Cut
- November 2024
- Supply Resumed
- March 2025