Adani Power Jharkhand Limited (APJL), a subsidiary of the Adani Group, has issued a warning to the Bangladesh Power Development Board (PDB) regarding outstanding dues.
The company has threatened to cut off electricity supply to Bangladesh if these dues are not settled by a certain date.
Recent reports indicate that APJL has already reduced its power output due to unpaid bills, resulting in a shortfall of electricity for Bangladesh.
This situation has raised concerns about a potential energy crisis in the country.
The financial strain on the PDB has been worsened by rising charges and insufficient payments.
The PDB's failure to issue a letter of credit has further complicated the situation.
Adani Power has explicitly stated that failure to clear the outstanding dues would lead to a suspension of power supply.
The urgency of the situation has been heightened by recent political changes in Bangladesh.
The potential suspension of power supply from Adani Power could have significant implications for Bangladesh's energy sector, impacting residential consumers and industrial operations.
It also highlights the need for more robust financial management and strategic planning within the PDB.
As the deadline approaches, negotiations between Adani Power and the PDB will be crucial to finding a resolution.
The outcome of this dispute will shape the future of electricity supply in Bangladesh and the country's energy sector as a whole.