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Декабрь
2024

Adani Power shares in focus as Bangladesh halves electricity buying amid payment dispute

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Adani Power shares are under scrutiny after Bangladesh, facing $844 million in unpaid dues, requested a reduced electricity supply due to low winter demand. The company, which signed a 25-year power purchase agreement with the BPDB in 2015, currently meets a tenth of Bangladesh's electricity needs. Despite partial payments in October and November, BPDB has not indicated any review of the power purchase agreement.