Bangladesh Under Pressure as Indian Energy Giants Demand Payment, High Court Launches Review of Power Contracts
Amid mounting debts to Indian energy companies, Bangladesh faces increasing pressure to clear overdue payments to Adani Power and suppliers, fueling tensions as Dhaka grapples with its tight foreign reserve situation. In a recent move, Bangladesh Power Development Board (BPDB) issued a $173 million Letter of Credit (LC) to Adani Power, responding to the company’s […]