Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

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Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal - Business Standard

Quick Summary:

Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement.

Bangladesh's de facto power minister Muhammad Fouzul Kabir Khan told Reuters the country now had enough domestic capacity to cope without the Adani supply, though not all domestic power generators were operational.

Bangladesh is pressing for Adani Power to use other benchmarks that would lower the tariff after one of the indices was revised last year, said three BPDB sources.