Section

Adani warns Bangladesh of $500 mn 'unsustainable' payment delays as energy crisis looms

By Economic Times - 2 weeks ago
The Adani Group has warned Bangladesh's interim government, led by Muhammad Yunus, about a $500 million backlog in unpaid dues from a major power project. Despite financial strain, Adani remains committed to supplying power. The new administration plans to re-evaluate previous energy deals for better financial efficiency.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.