Dhaka, Dec. 29 -- The power agreement between Adani Group and Bangladesh has become a cautionary tale of how strategic decisions, when taken without sufficient scrutiny, can deepen economic vulnerability rather than resolve it.
What was presented as a solution to Bangladesh's energy shortage has instead exposed structural weaknesses in policy planning, transparency, and long-term financial foresight.
Signed in 2017, the deal commits Bangladesh to purchase power for 25 years from Adani's coal-fired plant in Godda, India, through the Bangladesh Power Development Board. Since then, energy markets have shifted dramatically.
Coal prices have spiked, renewables have become cheaper, and Bangladesh's own power mix has diversified.
Yet the count...