The Indian conglomerate Adani Group has begun to curb electricity supplies to Bangladesh and threatened to completely shut down power exports as the new government in Dhaka struggles with a backlog of overdue payments.
The infrastructure-focused company owned by billionaire Gautam Adani on Thursday started slashing cross-border electricity flows by as much as half from its 1,600-megawatt capacity Godda coal-fired plant in eastern India, according to data published by Bangladesh’s power grid.
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