Bangladesh paid $384 million to Adani Power this month, covering most of its scheduled payment of $437 million for June 2025, as per a news report. This amount clears the country’s admitted dues under the power supply agreement up to March 31, 2025.
The payment is part of a 25-year power supply agreement signed in 2017, under which Adani Power supplies electricity from its 1,600 MW coal-fired Godda plant in Jharkhand to Bangladesh. The agreement was signed during the tenure of former Prime Minister Sheikh Hasina.
In November 2024, Adani Power reduced electricity supply to Bangladesh by half due to delayed payments. Full supply resumed in March 2025 after Bangladesh restarted monthly payments to clear its outstanding dues.
With this latest payment, Bangladesh has paid nearly $1.5 billion out of the total $2 billion billed by Adani Power to date. Around $500 million in claimed dues by Adani are still pending, assuming Bangladesh completes its remaining June-end obligations.
Adani Power has agreed to waive late payment surcharges for the January to June 2025 period, amounting to about $20 million, if Bangladesh continues to make timely payments in the coming months.
Read more: What is the Main Business of the Adani Group?
There is still a gap between the "admitted" dues acknowledged by Bangladesh and the "claimed" dues by Adani. This difference is mainly due to disagreements over coal cost and capacity calculations. Reports suggest that Adani Power confirmed the June payment but did not comment further.
As of 10:54 AM on June 30, 2025, Adani Power share price was trading at ₹588.40, a 0.69% increase, up 10.35% over 6 months, and down 18.57% over the past year.
The June payment reduces Bangladesh’s outstanding liabilities under the agreement, but financial obligations and contract reviews are still ongoing. The power deal remains under scrutiny by the interim administration.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 30, 2025, 11:28 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates