India's Adani Power Jharkhand Limited (APJL) has cut power supply to Bangladesh by half. Data from Power Grid Bangladesh Plc says that Adani has stopped half power supply since Thursday midnight.
It is known that APJL has taken this step for not getting the due bills on time. They have been pressing for payment of dues since the interim government took over.
The 1,496 MW power plant is currently generating about 700 MW of electricity per unit, which has affected the national production. Yesterday (Thursday) night more than 1 thousand 600 megawatt loadshedding took place.
Earlier, in a letter to the Power Secretary, APJL asked the Bangladesh Power Development Board (PDB) to pay the outstanding bills by October 30.
In the letter sent on October 27, APJL said that if the bill is not paid within the specified date, they will be forced to stop the power supply on October 31 and take remedial measures under the Power Purchase Agreement (PPA).
The letter further states that you (Secretary) are aware that the deadline is fast approaching and till now PDB has not disbursed the loan of 170.03 million dollars from Bangladesh Agricultural Bank and has not paid the outstanding amount of 846 million dollars.
However, a PDB official said, they have paid a portion of its earlier dues. However, since July, Adani has been charging more than the previous months. PDB has been paying $17 to $18 million a week, while the charges are more than $22 million. Due to this, the outstanding bill has increased again. .
Apart from this, PDB also said that last week's payment has been submitted to Krishi Bank. But due to the dollar crisis, the bank could not open the loan against the payment - the PDB official said.
c to those involved in the sector.
Adani Power, the Indian organization that owes the most amount of money from Bangladesh, has already written to the chief advisor Muhammad Yunus and asked for his 'intervention' to settle their debt of 800 million or 800 million dollars. Gautam Adani himself wrote the letter to Yunus