The Power Division has replied to Gautam Adani’s letter to Prof Muhammad Yunus, chief adviser to the interim government, saying the government will clear its dues within the shortest possible time.
Government must expedite efforts to resolve the crisis
India’s Adani Group has been repeatedly requesting the interim government to immediately clear dues of around $800 million on their electricity sales, according to officials of Bangladesh Power Development Board (PDB).
Adani Group has previously denied these allegations, and an email query sent to Adani Group was not immediately answered.
Reports Financial Times
India's Adani Green Energy said on Tuesday it is aware of a US investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity
Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project
Adani Group is in talks with West Asia-based sovereign funds to raise up to $2.6 billion for its airport expansion and green hydrogen projects
Adani Group to invest 2 trillion rupees ($24 billion) in five years, said its chairman Gautam Adani
The Power Division has replied to Gautam Adani’s letter to Prof Muhammad Yunus, chief adviser to the interim government, saying the government will clear its dues within the shortest possible time.
Government must expedite efforts to resolve the crisis
India’s Adani Group has been repeatedly requesting the interim government to immediately clear dues of around $800 million on their electricity sales, according to officials of Bangladesh Power Development Board (PDB).
Adani Group has previously denied these allegations, and an email query sent to Adani Group was not immediately answered.
Reports Financial Times
India's Adani Green Energy said on Tuesday it is aware of a US investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity
Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project
Adani Group is in talks with West Asia-based sovereign funds to raise up to $2.6 billion for its airport expansion and green hydrogen projects
Adani Group to invest 2 trillion rupees ($24 billion) in five years, said its chairman Gautam Adani
After starting electricity supply to Bangladesh from the first unit of its plant in Godda in the eastern state of Jharkhand a few days ago, India's Adani Power Limited has said it is expected to commission its second 800 MW unit soon, according to the company statement