Bangladesh is grappling with a severe electricity crisis after Adani Power, a major Indian energy provider, cut its electricity supply due to outstanding debts. The country owes over a billion dollars to Indian power companies, including $800 million specifically to Adani Power, for electricity supplied to Bangladesh.
Adani Power has formally requested intervention from Bangladesh’s Interim Government Chief Counsel, Muhammad Yunus, urging for the settlement of the substantial debt. The suspension of 500 megawatts of electricity from Adani Power’s thermal plant in Godda, Jharkhand, has exacerbated the crisis. This supply cut is set to increase unless the outstanding payments are addressed promptly.
In addition to Adani Power, several other Indian state-owned power companies have also reduced their electricity exports to Bangladesh. These reductions, ranging from two to three months, have further strained Bangladesh’s power supply and intensified the crisis in the country. The ongoing situation underscores the urgent need for a resolution to the financial disputes to restore full electricity services.
