Bangladesh has made a major payment of $384 million to Adani Power in June, substantially reducing its outstanding dues under the 2017 power-supply agreement. The payment settles “admitted” liabilities through March and brings the remaining dues down to approximately $500 million
Why the Payment Matters
This repayment ended a taxing period where Adani Power cut supplies by half in late 2024 due to arrears. With the June installment, full electricity supply has resumed since March 2025. To date, Bangladesh has paid almost $1.5 billion of the nearly $2 billion total billed amount
Ongoing Dues & Disputes
Despite the sizable payment, “claimed” dues by Adani remain near $500 million—largely due to unresolved issues around coal costs and power plant capacity calculations. Talks are underway to reconcile these discrepancies
Context: 2017 Power Deal & Economic Strain
The agreement requires Adani Power’s Godda plant (1,600 MW) to export electricity to Bangladesh for 25 years. However, Bangladesh’s finances were hit by the 2022 Russia‑Ukraine crisis, rising coal prices, and political instability—including the August 2024 government change. These challenges disrupted repayments and prompted supply cuts
Relief on Late Fees
Adani Power has reportedly waived about $20 million in late-payment surcharges (for January–June 2025), conditional on Bangladesh maintaining regular payments. This relief depends on sustained future compliance.
What Happens Next
| Next Step | Details |
|---|---|
| June-end payment | Bangladesh expected to complete $437 million commitment |
| Negotiations continue | Talks on coal-price and capacity adjustments |
| Supply stability | Steady payments essential to maintain full power supply |
| IMF support | Bangladesh seeking $3 billion aid from IMF amid forex stress |
Bottom Line
Bangladesh’s $384 million repayment is a major move toward settling power dues and restoring full electricity flows from Adani’s Godda plant. The payment reduces “admitted” debt and secures relief on late fees. Still, around $500 million in disputed dues remain, highlighting critical financial and strategic negotiations ahead between Dhaka and Adani.
