Adani Power Ltd has resumed full electricity supply to Bangladesh from its 1,600-megawatt coal-fired plant in Jharkhand after the country started making regular payments, according to Bloomberg.
This move follows months of reduced power delivery due to outstanding dues and financial struggles faced by Bangladesh.
In November, Adani Power Ltd had reduced electricity supply to Bangladesh by half due to a series of missed payments. The economic challenges faced by Dhaka, including a foreign exchange crisis and political transitions, had made it difficult for the country to meet its financial obligations.
After 4 months of curtailed supply, the power generation company restored full delivery approximately two weeks ago, according to BPDB data.
The restoration of full electricity supply is a crucial development for Bangladesh as it prepares for peak summer months.
With temperatures often exceeding 38 degrees Celsius, the additional power will help stabilise the national grid and reduce the risk of blackouts, ensuring uninterrupted energy for industries and households.
At its peak, Bangladesh’s dues to Adani Power Ltd exceeded $850 million. However, recent payments have brought the outstanding amount down to approximately $800 million. The government expects to clear the remaining balance within the next six months. Additionally, BPDB has provided guarantees to Adani’s lenders to ease the company’s working capital constraints, demonstrating efforts to maintain a stable and cooperative relationship with the power supplier.
The resumption of full electricity supply marks a positive step in Bangladesh’s energy sector. With ongoing payments and financial arrangements in place, both Bangladesh and Adani Power Ltd can work towards long-term stability and uninterrupted energy distribution.
As the country navigates its economic challenges, securing reliable power sources remains a priority to support growth and development.
On March 27, 2025, Adani Power Limited’s stock closed at ₹519.90, marking a strong gain of 5.15% (₹25.65) from the previous close of ₹497.85. The stock opened at ₹497.00 and reached a high of ₹523.50 before touching a low of ₹492.35.
The restoration of power supply from Adani Power Ltd to Bangladesh highlights the importance of financial stability in energy partnerships. While challenges remain, the resumption of payments and supply demonstrates efforts by both parties to maintain a functional agreement.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 28, 2025, 9:23 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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