Adani’s APJL plant has restarted full electricity exports to Bangladesh, supplying 1,362 MW amid rising demand for Ramadan. After initial payment disputes, BPDB has made significant payments to clear arrears. Adani has proposed a timeline to settle overdue balances to avoid late-payment surcharges under the existing Power Purchase Agreement (PPA), amid ongoing discussions on the contract’s terms.
India’s Adani Group has resumed full-scale electricity supply to Bangladesh via its Adani Power Jharkhand Ltd (APJL) plant, following a request coinciding with the start of Ramadan. On the recent Monday, the plant delivered approximately 1,362 megawatts (MW) of electricity, out of its total capacity of 1,496 MW. The Bangladesh Power Development Board (BPDB) had prompted the Indian firm to increase operations to satisfy rising energy demands during the religious month and ahead of summer.
Adani’s electricity supply to Bangladesh has resumed fully, following negotiations on overdue payments amid a pressing need for power. The BPDB has made efforts to clear outstanding dues through partial payments while working on future settlement terms with Adani. The situation illustrates the complexities of international energy agreements and highlights potential risks regarding payment and pricing structures, suggesting ongoing scrutiny of such contracts is warranted.
Original Source: thefinancialexpress.com.bd