Bangladesh Accelerates Payments to Adani Power Amid Supply Cut

Facing a November 7 deadline, Bangladesh is working to settle its $846 million debt to Adani Power to restore full electricity supply.

Adani Power reduced electricity supply to Bangladesh by over half due to unpaid bills totaling $846 million.
Bangladesh's interim government has issued a $170 million letter of credit to address the arrears.
The power supply reduction comes as Bangladesh faces economic challenges from costly imports and political instability.
Bangladesh is reviewing its power deal with Adani, which has been criticized for higher costs compared to local producers.
Efforts are underway to diversify Bangladesh's energy sources, including the commissioning of its first nuclear power plant.