Adani's $500M Power Debt Warning to Bangladesh

Adani Group has warned Bangladesh about a $500 million overdue power debt, calling it 'unsustainable.' The company pressures for immediate resolution to avert major disruptions in power supply. The Financial Times has reported the issue, raising significant concerns about the financial stability of the energy sector in Bangladesh.

On September 9, Adani Group issued a stern warning to Bangladesh, stressing that its $500 million overdue power debt is 'unsustainable,' according to a report by the Financial Times.

The conglomerate emphasized the urgency of resolving this financial impasse to prevent significant interruptions in power supply critical to Bangladesh's infrastructure.

This development has been highlighted by Financial Times, drawing attention to looming financial instability within Bangladesh's energy sector.

(With inputs from agencies.)