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Adani Power Triggers Arbitration in Bangladesh Payment Dispute

Bangladesh says talks continue pending any shift to arbitration.

Overview

  • Both sides have activated the PPA dispute‑resolution mechanism over how certain cost elements are calculated and billed.
  • Adani says it will pursue international arbitration to settle the payment disagreements with the Bangladesh Power Development Board.
  • Bangladesh’s de‑facto power minister says negotiations remain in progress and arbitration would follow only if talks fail.
  • Power supply continues from Adani’s 1,600 MW Godda coal plant in India, which meets roughly one‑tenth of Bangladesh’s electricity needs.
  • Adani reports outstanding dues have fallen to about 15 days of tariff, down from roughly $900 million in May after peaking near $2 billion earlier this year.