Bangladesh has halved its purchase of electricity from Gautam Adani’s power company Adani Power. The Bangladesh government has taken this decision due to the decrease in demand due to winter and delay in payment of outstanding payments. News agency Reuters has given this information. Earlier on October 31, the company had halved the power supply to the country due to delay in due payment. Adani Power said – power supply continues but dues are a matter of concern. A spokesperson for Adani Power said, ‘The company is continuing to supply electricity to Bangladesh, although the growing dues are a matter of great concern. This is making it difficult to run the plant. We are in constant talks with BPDB and senior government officials. They have assured us that our dues will be paid soon. The company is confident that Bangladesh will fulfill its commitments, just as Adani has fulfilled its contract responsibilities.’ Adani supplies electricity under a 25-year contract signed in 2017 Adani Power is supplying this electricity to Bangladesh under a 25-year contract signed in 2017. The company supplies this electricity from its 2 billion dollar power plant located in Jharkhand, which has two units and each has a capacity of 800 MW. One of the two plants is closed since November, one is operating at 42% capacity According to Reuters, in November one of Adani Power’s plants ran at only 41.82% capacity, which is the lowest this year. While, the other plant is closed since November 1. People associated with BPDB told that in the winter of last year, BPDB purchased around 1,000 MW of electricity every month from Adani. ————————————— Read this news too… Adani will cut off power if Bangladesh does not make the payment: Gave 4 days time, also halved the supply; ?7,118 crores are due Adani Power has given Bangladesh four days’ time to pay the outstanding electricity bill. The company has already halved Bangladesh’s power supply. Group company Adani Power Jharkhand Limited (APJL) has taken this step due to non-payment of $846 million (about Rs 7,118 crores) dues. According to data from Bangladesh’s power grid, APJL has cut electricity supply since Thursday night. Due to this cut, Bangladesh faced a power shortage of more than 1,600 MW in one night. The 1,496 MW Bangladeshi plant is now operating at 700 MW. Click here to read the full news… Bangladesh will investigate power deal with Adani: An investigation agency will be formed for this, an agreement for power production was made when Hasina was PM. The troubles of Adani Group, which is surrounded by allegations of giving bribe in America, are increasing. It has been recommended to form an agency to investigate the power agreement made with the 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. Click here to read the full news…
