Dhaka, Feb. 16 -- India's Adani Power has agreed to fully restore the supply from its 1,600 MW power plant in India to Bangladesh within a few days after a three-month pause.
However, the company has declined Dhaka's request for discounts and tax concessions, sources said.
The company had reduced power supply to Bangladesh by half on October 31 due to delayed payments, as the country faced a foreign exchange crisis.
This led to the shutdown of one of the two equal-sized units of the plant on November 1, following Bangladesh's request to maintain only partial supply due to lower winter demand and ongoing payment concerns.
With summer approaching and at the request of the Bangladesh Power Development Board (BPDB), Adani Power has agreed...
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