CosmicTaco

Bangladesh Seeks Lower Adani Power Deal Prices

CosmicTaco · 2024-12-02T09:23:18.909171+05:30

- Bangladesh wants to renegotiate a high-cost power deal with Adani Group amid court investigation. - Allegations of U.S. bribery against Adani might not impact the Bangladeshi contract. - Government aims to reduce power prices to alleviate subsidy costs, ensuring no future blackmail by power producers. Source: [Reuters](https://www.reuters.com/business/energy/bangladesh-wants-renegotiate-adani-power-deal-unless-court-cancels-2024-12-01/)

Bangladesh wants to renegotiate a high-cost power deal with Adani Group amid court investigation.
Allegations of U.S. bribery against Adani might not impact the Bangladeshi contract.
Government aims to reduce power prices to alleviate subsidy costs, ensuring no future blackmail by power producers.

Source: Reuters