India’s Adani Power has warned the Bangladesh Power Development Board (BPDB) that it will suspend electricity supply to Bangladesh starting November 11 if outstanding payments are not cleared by November 10.
Fauzul Kabir Khan, adviser to the Ministry of Power, Energy and Mineral Resources, confirmed the matter on Tuesday night (November 4). He said, “We have received a letter from Adani. They have stated that if the dues are not paid by November 10, power supply will be stopped from November 11. We will discuss the issue.”
In late October, Adani Power’s Vice Chairman and Head of Energy Regulatory and Commercial, Avinash Anurag, sent a letter to the BPDB chairman. The letter stated that despite repeated requests for payment, BPDB has yet to settle outstanding bills amounting to USD 496 million. Of this, BPDB itself has acknowledged USD 262 million as an “undisputed due.”
The letter also mentioned that, according to Clause 13.2 of the Power Purchase Agreement (PPA) signed on November 5, 2017, Adani has the right to suspend supply if payments are not made. The company added that even if supply is halted, it remains entitled to capacity payments based on the plant’s reliable generation capacity, as stipulated in the agreement.
Multiple BPDB sources said they dispute the total amount claimed by Adani. They noted that unless disagreements over coal prices and supply costs are resolved, the full payment cannot be made.
Adani Power had issued similar warnings before. Last year, after claiming USD 800 million in dues, the company reduced power supply to Bangladesh by about 60 percent. At the time, BPDB alleged that Adani had inflated the payable amount using its own accounting methods.
According to BPDB’s 2023–24 Annual Report, Adani’s 1,600 MW Godda Power Plant in Jharkhand, India, supplies Bangladesh with an average of 932.31 MW of electricity per month. The plant was built specifically for power exports to Bangladesh.
The power purchase agreement (PPA) between Adani and the Sheikh Hasina government was signed in 2017. Under India’s then-policy, Adani was permitted to sell electricity only to neighboring countries. However, after the fall of the Sheikh Hasina government on August 5, 2024, the Indian government amended the law, allowing Adani to sell electricity to India’s domestic market as well.
Currently, discussions are being prepared between BPDB and Adani Power regarding the outstanding payments. However, officials warn that if the issue is not resolved
