Bangladesh has reduced its power purchase from India's Adani Power by half due to decreased winter demand, payment delays, and a foreign exchange shortage. Adani cut supply in response, and Bangladesh maintains payment of old dues while negotiating lower prices,

Adani Power said on Monday it has no indication that the Bangladesh government is reviewing a power purchase agreement with the company, a day after Reuters reported that the country is looking to renegotiate the deal.

Bangladesh wants to renegotiate its power purchase deal with Adani Group if the agreement isn’t canceled by a court, Reuters reported, citing the head of its power ministry.

Bangladesh is pushing to significantly lower power prices under a 25-year agreement with Indias Adani Group unless it is cancelled by a court. This comes as the deal faces scrutiny from the countrys High Court and global allegations against Adani founder Gautam Adani.

Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal,

The national review committee of Bangladesh's power and energy ministry on Sunday recommended a review of major power contracts awarded by the .

Adani Power has dismissed rumors that Bangladesh's government is reconsidering their power purchase agreement. The company highlights ongoing operational issues due to payment delays from Bangladesh but commits to continuing electricity supply.

Bangladesh is planning to renegotiate lower power prices from the Adani Group as it tries to reduce its subsidising expenditure for the electricity

Bangladesh seeks to significantly reduce prices under a power purchase deal with Adani Group or consider its cancellation pending a court investigatio