Adani Warns Bangladesh of Unsustainable $500M Power Debt

Adani has issued a warning to Bangladesh regarding an overdue power debt of $500 million, which the company deems unsustainable. The situation highlights significant financial strain and the potential need for resolution to avoid further complications.

Adani has sounded the alarm over a $500 million outstanding power debt owed by Bangladesh, describing the situation as unsustainable, according to the Financial Times.

This substantial overdue amount could indicate significant financial stress for both the energy company and the nation if not addressed promptly.

The warning underscores the urgency for potential negotiations or resolutions to prevent further economic disruptions and strain.

(With inputs from agencies.)