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Bangladesh halves power buying from Adani
Exclusive: Bangladesh halves power buying from India's Adani amid payment dispute
Bangladesh has halved the power it buys from neighbouring India's Adani Power, citing lower winter demand, government officials told Reuters on Monday, amid disagreements over dues running into hundreds of millions of dollars.
Bangladesh halves power imports from Adani after outstanding dues: Report
Bangladesh has halved its power imports from Adani Power due to reduced winter demand and disputes over $650 million in unpaid dues. Adani had already reduced supply after delayed payments, escalating the outstanding dues to $900 million.
Bangladesh halves power buying from India’s Adani amid payment dispute
Adani has been supplying power under a 25-year contract signed in 2017 under ousted Prime Minister Sheikh Hasina, from a $2-billion power plant in Jharkhand that has two units, each with capacity of about 800 megawatts.
Bangladesh Wants to Renegotiate Adani Power Deal, Reuters Says
Bangladesh wants to renegotiate its power purchase deal with Adani Group if the agreement isn’t canceled by a court, Reuters reported, citing the head of its power ministry.
Exclusive: Bangladesh wants to renegotiate Adani power deal unless court cancels
Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal,
Adani Power says no indication of Bangladesh reviewing power deal
Adani Power on Monday said it has no indication that the Bangladesh government is reviewing a power purchase agreement with the company, a day after Reuters reported that the country is looking to renegotiate the deal.
Bangladesh looks to reduce power prices of Adani deal amid US indictment: Report
Bangladesh is planning to renegotiate lower power prices from the Adani Group as it tries to reduce its subsidising expenditure for the electricity
India's Adani says his group is committed to compliance
India's Adani says his group is committed to compliance after US bribery and fraud charges
Indian tycoon Gautam Adani says his conglomerate is committed to “world-class regulatory compliance" after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars,
India’s Adani Group Reaffirms Commitment to Compliance Following US Bribery, Fraud Allegations
Adani Group has pledged adherence to compliance standards following bribery and fraud allegations from US authorities.
Gautam Adani Breaks Silence on US Indictment to Say His Group Is Committed to Compliance
Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance.
6h
India's parliament suspended after disruptions over Adani allegations, other issues
Both houses of Indian parliament were suspended on Monday after disruptions by opposition groups demanding a discussion on ...
6d
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
Foreign Policy
4d
What Adani’s Indictment Means for India’s Clean Energy Sector
The highlights this week: India’s renewable energy sector will feel the impact of billionaire Gautam Adani’s indictment in ...
4d
on MSN
Analysis-Adani Wipeout Hurts but Won't Derail Foreign Investor Faith in India
Erstwhile darlings such as consumer-goods seller Hindustan Unilever, Nestle India and soft drink maker Dabur India have also ...
11d
Adani Indictment Taints India’s Green Pitch to the World
A US indictment threatens Indian tycoon Gautam Adani’s efforts to redefine himself as a clean-power champion and secure ...
7d
on MSN
India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges
Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him ...
3d
Ex-chief minister of India’s Andhra Pradesh denies bribery allegations, Adani link in solar deal
The former chief minister of India's Andhra Pradesh state refuted on Thursday bribery allegations and any involvement by the ...
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