Particle.news
Download on the App Store

Bangladesh Signals It May Terminate Adani Power Deal if Corruption Is Proven

An interim inquiry flags serious wrongdoing across the power sector, leaving a January report to clarify legal options.

Overview

  • Energy adviser Muhammad Fouzul Kabir Khan said cancellation is possible under contract terms if evidence establishes corruption or irregularities.
  • The National Review Committee led by retired judge Moinul Islam Chowdhury reported massive governance failures and compiled a separate assessment of the Adani agreement.
  • The committee’s final report is expected in January 2026, following an interim submission that broadened scrutiny of power purchase deals signed under the previous government.
  • Legal experts warn that ending a cross‑border sovereign contract could trigger costly international claims, with jurist Shahdeen Malik citing potential exposure up to USD 5 billion.
  • Under the 2017 PPA, Bangladesh must buy all power from Adani’s 1,600 MW Godda coal plant for 25 years; Bangladesh paid USD 437 million in June to reduce arrears after earlier supply disruptions, and Adani has not commented.