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.

Adani, whose founder has been accused by US authorities of being involved in a bribery scheme in India, charges which he has denied, halved supply to Bangladesh on October 31 over payment delays as the country battles a foreign exchange shortage.

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.

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 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 is planning to renegotiate lower power prices from the Adani Group as it tries to reduce its subsidising expenditure for the electricity