In a significant financial development, Bangladesh has paid ₹3,282 crore (approximately $384 million) to Adani Power in June 2025, substantially reducing its outstanding dues under a long-term power supply agreement signed in 2017. The payment, which covers “admitted” claims up to March 31, is part of a ₹3,735 crore ($437 million) commitment for the month.
The dues stem from a 25-year agreement under which Adani Power supplies electricity from its Godda thermal power plant in Jharkhand to Bangladesh. The deal had come under scrutiny following economic instability in Bangladesh, exacerbated by the Russia-Ukraine conflict and the ouster of former Prime Minister Sheikh Hasina. These factors had strained the country’s foreign reserves, leading to payment delays and a temporary halving of power supply by Adani in late 2024.
Full electricity supply—approximately 1,600 MW—was restored in March 2025 after Bangladesh resumed regular payments. With the latest transaction, Bangladesh has now cleared nearly ₹12,822 crore ($1.5 billion) of the total ₹17,097 crore ($2 billion) billed amount.
Sources indicate that Adani Power has agreed to waive late payment surcharges amounting to ₹170 crore ($20 million) for the January–June period, contingent on Bangladesh maintaining its payment schedule. However, around ₹4,274 crore ($500 million) in “claimed” dues remain unresolved, with ongoing discussions between the two parties regarding coal costs and plant capacity calculations.
The interim Bangladeshi government, led by Nobel laureate Muhammad Yunus, has initiated a review of the power purchase agreement, forming a high-level committee of energy and legal experts to assess its terms. An Adani Power spokesperson confirmed receipt of the payments but declined to comment on the specifics of the outstanding claims, citing confidentiality.
The development marks a crucial step in stabilizing cross-border energy cooperation and easing financial tensions between the two nations.
