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Bangladesh to expedite payment to Adani Power
Adani group lifts threat to cut power to Bangladesh under new repayment terms. But readies a backup.
Bangladesh agreed to fresh repayment terms just in time to continue receiving electricity from Adani Power’s Jharkhand plant—a deal that had played a key role in India-Bangladesh ties during the neighbouring nation’s earlier regime.
Bangladesh steps up repayments to Adani to avoid power supply cut
Bangladesh is ramping up payments to Adani Power after the Indian conglomerate cut electricity supplies by half, reportedly over an unpaid $800m bill. Two senior government officials told the BBC they are already processing partial payments to Adani, which supplies 10% of the electricity used by Bangladesh.
Bangladesh to expedite payment to Adani Power after supply reduced: Report
The company has given Bangladesh a deadline of November 7 for the fulfillment of the unpaid dues amounting to $846 million.
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10h
Adani Group Increases Philanthropy By 16% in 2024, Focusing On Education And Healthcare
The majority of these donations have been channelled through the Adani Foundation, with a principal focus on education, ...
1d
on MSN
Days after Gautam Adani issues warning over unpaid electricity bills, SHOCKING development in Bangladesh
The Bangladeshi authorities received a legal notice over power agreements with India's Adani Group. Barrister M. Kaiyum ...
Impacts
8d
Karan Adani’s Dreams And Aspirations For Adani Ports
Karan Adani, the Managing Director of Adani Ports and SEZ has ambitious plans for his port company. For him, FY24 was a ...
13d
Kenya Court Suspends $736 Million Adani Power-Line Buildout Deal
A Kenyan court suspended a $736 million government deal to allow India’s Adani Group to build and operate high-voltage power ...
14h
on MSN
Major setback for Gautam Adani as Adani Energy shares witness 7% downfall after...
Gautam Adani, the 62-year-old Chairman of the Adani Group, is one of the richest individuals in the world, with a real-time net worth of $76.3 billion, according to Forbes.
12d
on MSN
Adani Group’s Renew Exim DMCC to acquire 46.64% stake in ITD Cementation for Rs 3,204 crore
Additionallly, Renew Exim will acquire 26 percent stake in ITD Cementation from public shareholders through an open offer at ...
4d
Adani Group to suspend power supply to Bangladesh if dues not cleared: Report
The
Adani
Group
has warned Bangladesh that it will completely suspend power supply to the country by November 7 if ...
13d
Bids For KSK Mahanadi Power Skyrocket After Adani Group's Rs 12,500 Crore Offer
Adani Group's Rs 12,500 crore bid to acquire KSK Mahanadi Power has prompted other bidders to revise their offers upwards, ...
3d
Telangana: KTR exposes Congress hypocrisy on Adani Group’s monopoly
Hyderabad: BRS working president KT Rama Rao on Monday criticised the Congress party over its hypocrisy on the rising ...
4d
Sagility India Secures Rs 366 Crore Pre-IPO Funding from Adani Group and Others
Sagility India has raised ₹366 crore from nine investors, including Adani Properties and Elpro, ahead of its IPO. Read to ...
7h
on MSN
If MVA wins, will take back Dharavi land given to Adani: UBT manifesto
MUMBAI: The Shiv Sena (UBT) on Thursday launched its manifesto for the assembly elections, saying it will take back all land ...
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