Dhaka—Indian conglomerate Adani slashed cross-border electricity supply to Bangladesh by half due to some $850 million in unpaid bills, power officials
said Sunday, with Dhaka scrambling to boost production to stem blackouts.
But Adani had warned Dhaka in September to settle its bills, which had surged to around $850 million. Its new leaders are focused on the political fallout of a student-led revolution in August that toppled autocratic ex-leader and close Indian ally Sheikh Hasina. Karim said Bangladesh paid $97 million to Adani in October, which was “higher than the previous three month’s payment.”
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