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Reading: Bangladesh reduces Adani Power dues with $384 million payment, leaves $500 mn in dues unsettled
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inkeinspires.com > Business > Bangladesh reduces Adani Power dues with $384 million payment, leaves $500 mn in dues unsettled
Business

Bangladesh reduces Adani Power dues with $384 million payment, leaves $500 mn in dues unsettled

MTHANNACH
Last updated: June 28, 2025 9:29 am
MTHANNACH Published June 28, 2025
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Bangladesh has considerably reduced its contributions pending to Adani Power by making a payment of $ 384 million in June under an electrical supply agreement. This payment reduces the total amount in progress of “admitted” complaints until March 31 and is one of the $ 437 million hired by the end of the month. With this payment, Bangladesh has now paid nearly $ 1.5 billion in the total amount of approximately $ 2 billion, leaving around $ 500 million as “claimed” contributions.

The 2017 electrical supply agreement between Bangladesh and Adani Power was faced with a meticulous examination, in particular following economic challenges exacerbated by the Russian-Ukraine conflict and internal political instability. This instability led to the escape of Prime Minister Sheikh Hasina, supporting the country’s finances more. Due to these financial difficulties, Bangladesh struggled to comply with its payment obligations, which prompted Adani Power to reduce the supply of electricity in November 2024. However, while Bangladesh began to erase its monthly contributions, the complete supplies resumed in March 2025.

Adani Power would have agreed to give up late payment supplements for the period from January to June 2025, amounting to around 20 million dollars, provided that Bangladesh respects its payment commitments. Sources indicate that the difference in “claimed” and “admise” contribution stems from the discussions in progress between the two parties concerning the cost of the coal and the calculations of the ability of the factory. An Adani Power spokesperson confirmed the payments but has not shared details on the “claimed” and “agreed” contributions, indicating that these discussions are deprived.

Bangladesh was faced with challenges to generate sufficient income in foreign currency to cover essential imports such as electricity, coal and oil. The country’s foreign reserves have decreased, leading to a shortage of increased power in rural areas and new political disorders. These troubles have led to the demand by the interim government of additional IMF financial aid, in addition to the rescue package of $ 4.7 billion existing. The interim administration, led by the winner of the Nobel Prize winner Muhammad Yunus, qualified the existing agreements, including the Adani Power agreement, as opaque and initiated the formation of a high -level committee to re -examine these agreements.

In addition to Adani Power, other Indian companies such as NTPC and PTC India also provide electricity in Bangladesh. The continuation of these power transactions is crucial for Bangladesh to maintain a stable diet, especially in rural areas. While the country sails in its financial and political landscape, the resolution of these contributions and the terms of power agreements will remain a focal point for the interim government and international observers.

The situation highlights the complexities involved in international power agreements, in particular in the context of the fluctuation of economic conditions and political changes. The involvement of international organizations and the IMF highlights the global dimension of these financial and energy challenges. In addition, the current discussions and potential adjustments to agreements reflect the dynamic nature of trade and international finances, where adaptability and negotiation are essential to maintain stability and progress.

Adani Power Performance

Adani Power shares organized a robust rally this week, an amount of 13.8% to reach an RS 605 summit on the ESB today, fueled by strong negotiation volumes.

On the technical level, the stock is negotiated comfortably above the medium of exponential key movements (EMAS). The trend data indicates that the 5 -day EMA is 558.3, the EMA 10 days to 555.7 and the EMA from 20 days to 555.0. The longer -term averages show the EMA from 50 days to 548.3, the EMA from 100 days to 543.3 and the 200 -day EMA at 548.6.

The relative force index (RSI) of the stock oscillates around 59, which suggests a neutral moment because the readings less than 30 indicate conditions of Surolon and those greater than 70 point towards levels of overcache.

While Adani Power shares have decreased by 15.64% in the past year, they have demonstrated a solid rebound in recent months. The stock has climbed 14.50% so far this year, with a six -month gain of 19.03%. In the past three months, it increased by 16.12% and in the last month, it increased by 9.14%.

Adani Power’s shares closed at Rs 584.25 Friday, up 1.11%.

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