Adani Power is exploring ways to sell the Bangladesh-bound power, produced at the Godda plant in India's Jharkhand state, to neighbouring countries such as Sri Lanka.
The Jharkhand plant with 2X800 MW capacity is a dedicated project of Adani Power to supply electricity to Bangladesh. The company has reduced the quantum of power supply from the plant to Bangladesh amid some issues due to political changes in Bangladesh and also due to non-payment of most dues for the electricity, The Hindu Business Line reported on Sunday.
Following the non-payment, Adani reduced the quantum of power supply from the plant to Bangladesh. Sources said that demand for power from Bangladesh has also fallen further reducing off-take from the plant.
Although the Indian government recently allowed the sales of power in the domestic market to sustain the project, a fresh transmission network is necessary in this regard, said the Indian newspaper.
However, the selling power to Sri Lanka from the Godda plant will require consent from the Bangladesh government.
"I believe they will require the consent of the Bangladesh Power Development Authority for sales of power to Sri Lanka from the Godda plant," Muhammad Fouzul Kabir Khan, the adviser for the Ministry of Power, Energy and Mineral Resources of Bangladesh, told the Indian news outlet.
Meanwhile, in Bangladesh the Adani project is under scrutiny. The Bangladesh High Court had picked 11 projects to be scrutinised which included Adani project. Now, it has directed for detailed investigations of seven projects that includes Adani project.
It has asked the interim government there to hire international law firm for the purpose. Besides, inflated tariff the allegation against Adani is also that it has not shown the tax benefits for the project it has received from the Indian government.
Following the non-payment, Adani reduced the quantum of power supply from the plant to Bangladesh. Sources said that demand for power from Bangladesh has also fallen further reducing off-take from the plant.
