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Bangladesh's New Government Set to Revisit Adani Power Agreement
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Bangladesh to Renegotiate Adani Power Deal for Lower Prices
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CNBC TV18
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23-02-2026, 18:52
Bangladesh to Renegotiate Adani Power Deal for Lower Prices
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Bangladesh's new government plans to revise its power purchase deal with India’s Adani Power Ltd. to seek lower prices.
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The cost of coal and electricity charged by Adani Power is deemed too high by a senior government official.
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Adani Power has been supplying electricity from its Jharkhand plant since 2023 under a 25-year agreement.
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The new Prime Minister Tarique Rahman aims to restore economic stability and is prioritizing these negotiations.
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Renegotiating the contract could complicate relations with India, but Bangladesh seeks a balanced foreign policy.
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