Bangladesh has paid $384 million to Adani Power in June, making a big dent in its electricity dues under a major power deal with India. This brings some much-needed relief to both sides, especially after months of tension and reduced electricity supply.
Back in 2017, Bangladesh signed a 25-year power purchase agreement with Adani Power. Under the deal, Adani’s Godda plant in Jharkhand would supply all its coal-generated electricity—around 1,600 MW—to Bangladesh. But when the country’s economy took a hit after the Russia-Ukraine war and rising import costs, paying those power bills became harder.
By late 2024, Adani had slashed supply in half. Bangladesh simply wasn’t paying up.
Fast forward to June 2025: The country has now paid $384 million out of the $437 million it committed for the month. According to sources, this clears all “agreed” dues up to March 31. If Bangladesh sticks to its full payment plan by the end of June, the remaining “claimed” dues will drop to around $500 million.
That’s a big step forward. Before this, Bangladesh had paid about $1.1 billion of the roughly $2 billion total bill. With the latest payment, the total paid so far is close to $1.5 billion.
But it’s not just about money. The power deal itself is under fire.
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After the fall of Sheikh Hasina’s government in August 2024, the new interim leadership led by Nobel Peace Prize winner Muhammad Yunus called the deal with Adani—and several others—“opaque.” A high-level committee is now reviewing it.
Still, business has to go on. Adani Power resumed full supply in March 2025, once Bangladesh resumed monthly payments. The company has also reportedly agreed to waive a $20 million late payment surcharge—if Bangladesh keeps paying on time.
There are still unresolved issues, especially around coal costs and how plant capacity is calculated. These differences explain the gap between what Adani “claims” and what Bangladesh “admits” it owes.
Meanwhile, Bangladesh’s economy continues to feel the heat. Foreign reserves are down, protests are up, and the country is now seeking an extra $3 billion IMF loan on top of an earlier $4.7 billion bailout.
Despite all that, the June payment sends a clear message: Bangladesh is trying to keep the power flowing, both literally and politically.
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