Dhaka, Jan. 26 -- A 25-year power purchase agreement with India's Adani Power has become a major financial burden for Bangladesh, while Summit Group has emerged as a "power monster" in the energy sector with the support of the ousted Awami League government, a national review committee has said.
The observations were made in the final report of the national committee formed by the interim government to review power sector contracts signed under special laws during the Awami League's time in office.
The report also said alongside Summit, contracts with Chattogram-based S Alam Group's "SS Power" have forced the Bangladesh Power Development Board (BPDB) to pay large amounts in capacity charges every year despite not generating electricity....
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