DHAKA, Bangladesh: Adani Group from India has reduced its electricity supply to Bangladesh by 50% from its Godda coal-fired power plant in Jharkhand, India, due to Bangladesh’s accumulated unpaid bills, amounting to $850 million.
According to AFP news the Godda plant, a $2 billion project completed last year, typically meets 7–10% of Bangladesh’s 13 GW base power demand.
In light of the reduced supply, the Bangladesh Power Development Board (BPDB) is attempting to close the energy gap by ramping up other domestic power sources to minimize outages.
The situation worsened after Adani warned Bangladesh in September about rising receivables, emphasizing the financial strain of maintaining supply commitments without timely payments. In response, BPDB chairman Rezaul Karim confirmed Bangladesh’s efforts to make incremental payments, having increased its October payment to $97 million, up from the previous three-month average.
The supply cut has compounded Bangladesh’s energy challenges, with an additional shortfall of 1,680 MW in recent days.
Bangladesh is also importing 1,160 MW of electricity from West Bengal and Tripura to alleviate shortages. With November’s cooler weather, demand is expected to ease temporarily, providing Dhaka some relief as it navigates both the financial and political dimensions of its energy crisis.