Bangladesh is likely to review a controversial power purchase agreement with Adani Power, amidst concerns over pricing and potential legal challenges. The new government is scrutinizing the 2017 deal, which supplies nearly 10% of Bangladesh’s electricity, due to accusations of overpricing compared to other Indian suppliers. While cancelling the deal outright is considered difficult, reducing the tariff through a mutual agreement is being explored.
Results for: Adani Power
Bharat Heavy Electricals Ltd (BHEL) has secured a Rs 3,500 crore order from Adani Power Limited for setting up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh. BHEL will supply equipment such as boilers, turbine generators, and associated auxiliaries, as well as control and instrumentation systems. The boilers and turbine generators will be manufactured at BHEL’s Trichy and Haridwar plants respectively.