Adani Power’s Bangladesh project faces cancellation over corruption charges, company raises payment delays
Gautam Adani-led Adani Group’s 1,600 MW Godda plant has come under scrutiny over corruption by the Bangladesh government. Bangladesh’s interim government has said it will not hesitate to cancel its power supply agreement with Adani Group if corruption or irregularities are found in the deal.
The comment comes amid an ongoing review of contracts signed under the Sheikh Hasina-led government. Adani Power and Bangladesh signed a 25-year agreement in 2017 to supply electricity to Bangladesh from its 1,600 MW coal-fired Godda power plant in Jharkhand. The plant currently meets nearly a tenth of Bangladesh’s total power demand.
