The troubles of Adani Group, which is surrounded by allegations of bribery in America, are increasing. It has been recommended to form an agency to investigate the power agreement made with Adani Group during Sheikh Hasina’s tenure as PM in Bangladesh. The committee formed by the interim government has recommended the formation of this agency. Along with this, there has also been a demand for investigation of six other major energy and power agreements during Sheikh Hasina’s tenure as PM. An official statement said – The Review Committee of the Ministry of Power, Energy and Mineral Resources has recommended the appointment of an agency to investigate the agreement made regarding power production agreement from 2009 to 2024. Committee’s demand – Cancel or reconsider the agreements. A statement issued from the office of interim government’s Chief Advisor Mohammad Yunus said – The Review Committee is reviewing seven major energy and power projects. This also includes Adani (Godda) BIFPCL 1234.4 MW coal fired plant. One of the six other agreements was signed with a Chinese company, which has built a 1320 MW coal fired electricity plant. The statement also said that the committee has collected many evidences, on the basis of which the agreements should be canceled or reconsidered according to international laws and procedures. Apart from this, extra time has been sought to investigate many other contracts. The Adani Group had signed an agreement with the Hasina government in 2016. The Godda Power Plant is the first international power plant of the Adani Group. A 1600 MW thermal power plant was installed in Godda, Jharkhand. Electricity is being supplied to the Bangladesh Power Development Board (BPDB) through a transmission line. An agreement was signed with the Sheikh Hasina government in 2016 regarding this. Adani Power Limited (APL) started exporting electricity to Bangladesh through its power project from April 10, 2023. In 2017, the company had signed a deal to supply electricity to Bangladesh from the Godda Power Plant for 25 years under the Power Purchase Agreement. Last month, the Adani Group had sent a letter to the Bangladesh government regarding the outstanding power supply bill of $800 million. Regarding this, the Bangladesh Power Development Board said that they have already paid $150 million despite the dollar crisis. The plant was commissioned in three and a half years After the Godda power plant was started, Gautam Adani shared a picture with Sheikh Hasina on social media. Then he wrote, ‘Honoured to meet Bangladesh Prime Minister Sheikh Hasina on the full load start and handover of the 1600 MW ultra super-critical Godda power plant. I salute the dedicated teams of India and Bangladesh, who commissioned the plant in a record time of three and a half years despite facing Covid.’ ————————————– Also read this news related to Gautam Adani… Kenya cancels power-airport deal with Adani: Decision taken after bribery allegations in America, deal was worth ?21,422 crores Kenya government on Thursday announced the cancellation of all deals with Adani Group. These included big projects like power transmission and airport expansion. Both deals were worth Rs 21,422 crores. The Kenya government has taken this decision after 8 people including Indian industrialist Gautam Adani were accused of bribery and fraud worth billions of rupees in America. Read the full news here… Claim – US agency cannot send summons directly to Adani: Notice can be sent only through political channel; Petition for investigation in Supreme Court It is not in the power of the US Securities and Commission (SEC) to send summons to Adani Group Chairman Gautam Adani in the case of allegations of bribery and fraud worth billions of rupees. This claim has been made in some media reports. It says that the summons will have to be sent through proper diplomatic channels. Read the full news here…
