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…
India and Sri Lanka have signed three memorandums of understanding (MoUs) to strengthen bilateral energy cooperation, with a focus on renewable energy and cross-border electricity trade. One MoU covers the joint development of a 120 MW solar power project in Sampur, located in Sri Lanka’s Trincomalee district. The project aims to enhance clean energy generation…
The Central Electricity Regulatory Commission (CERC) has released the draft CERC (Cross Border Trade of Electricity) (Second Amendment) Regulations, 2024, under the Electricity Act, 2003. The draft introduces updates to the 2019 regulations, replacing “long-term access” with general network access (GNA) and adding temporary GNA for short-term access. Key terms like “cross border transmission link”…