The Russian State Duma has ratified amendments to four intergovernmental loan agreements with Bangladesh related to construction of the Rooppur Nuclear Power Plant, the country’s first nuclear facility. The Federation Council has approved the federal law formalising the changes. The amendments address settlement challenges linked to US dollar transactions and introduce a revised loan repayment…
Bangladesh paid USD 437 million to Adani Power Limited in June 2025, clearing all outstanding dues associated with the 1,600 MW Godda plant in Jharkhand. This ends months of delayed payments and supply uncertainty. The settlement includes carrying costs and amounts under the power purchase agreement. Bangladesh also issued a sovereign guarantee and a Letter…
Nepal has started supplying 40 MW of electricity to Bangladesh using India’s transmission system. The power flow began at midnight on June 15, 2025, according to the Nepal Electricity Authority (NEA). This follows a trilateral agreement signed on October 3, 2024, between Nepal, India, and Bangladesh. The agreement allows Nepal to export power to Bangladesh…
According to a Reuters report, Adani Power stated that it has no indication the Bangladesh government plans to review its 25-year power purchase agreement (PPA) with the company. This follows earlier claims that Bangladesh is seeking to renegotiate terms to lower electricity prices or cancel the deal through legal means. The PPA, signed in 2017,…
The Bangladesh Power Development Board (BPDB) has issued a $173 million letter of credit (LC) to Adani Power Limited to maintain the electricity supply. This LC follows Adani Power’s reduction of electricity deliveries by half due to unpaid dues totalling $843 million. Issued by Bangladesh’s Krishi Bank, with ICICI Bank in India as the counterpart,…