Bangladesh to Reassess Power Pact with Adani Amidst Pricing Concerns

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.

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