Mumbai, Jan. 27 -- A timely connectivity to the Indian power grid could help Adani Power Ltd offset some of the potential risks to its financials if its $1-billion-a-year power supply deal with Bangladesh sours, after India's eastern neighbour accused the Ahmedabad-based conglomerate of charging above-market rates.

A committee set up by Bangladesh's interim government to review power supply deals signed under the now-ousted Sheikh Hasina regime has accused Adani Power of exporting electricity priced about 50% above market rates. Mint has seen a copy of the report.

While Adani's coal-fired plant in Jharkhand's Godda is currently linked only to the Bangladesh grid, the company has received approval to connect to the Indian grid, too. The ...