Bangladesh-Adani dues: Bangladesh pays $384 million to Adani Power, trims outstanding to $500 million

Bangladesh-Adani dues: Bangladesh pays $384 million to Adani Power, trims outstanding to $500 million

Bangladesh has significantly reduced its debt to Adani Power with a $384 million payment this month, settling admitted dues until March 31. Disagreements persist over coal costs and plant capacity, with Adani claiming an additional $500 million. The payments follow supply reductions due to Bangladesh's financial struggles, exacerbated by political turmoil and the Russia-Ukraine war.