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Bangladesh Cuts Adani Power Arrears to $500 Million With $384 Million Payment

Cutting confirmed arrears to $500 million, the June transfer paves the way for formal waiver talks alongside a government-led review

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Bangladesh pays USD 384 mn to Adani to clear major portion of power dues

Overview

  • Bangladesh paid $384 million in June to Adani Power, cutting its admitted arrears to roughly $500 million.
  • The latest transfer brings total repayments under the 2017 pact to nearly $1.5 billion of the $2 billion billed amount.
  • Dhaka and Adani are negotiating the waiver of about $20 million in late payment surcharges for the January–June period.
  • Both sides are discussing disputed coal cost and plant capacity calculations that have driven a gap between claimed and admitted dues.
  • An interim government committee led by Nobel laureate Muhammad Yunus is re-examining the long-term power purchase agreement for potential amendments.