AMID delay in payment of dues by the Bangladesh government, it is said that an immediate payment of $200-250 million is crucial for Adani Power continuing with power supply to the government.
Sources said ahead of the November 7 deadline, the government has fast-tracked the payment of the outstanding dues. Quoting a Bangladeshi official, news agency Reuters has said the country has cleared $96 million last month and opened a credit line of $170 million.
This story is from the November 05, 2024 edition of The Morning Standard.
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This story is from the November 05, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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