Bangladesh’s HC orders pause on Adani’s Singapore arbitration over payment dispute

Bangladesh’s High Court on Thursday ordered Adani Group not to proceed with its planned international arbitration in Singapore over the payment dispute with state-run Power Development Board (BPDB) until an investigation into its power supply deal is completed.

The court officials said a two-judge High Court bench issued the order that the arbitration must remain suspended until a committee it appointed to scrutinise the power purchase agreement and investigate potential irregularities submits the findings.