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 ...

Adani has been pressing the interim government to pay the dues since they took charge after the ouster of then prime minister Sheikh Hasina.

Bangladesh is accelerating payment of more than $800 million it owes Adani Power ahead of a Nov. 7 deadline set by the Indian company, which has cut electricity exports to Bangladesh by more than half,

The company has given Bangladesh a deadline of November 7 for the fulfillment of the unpaid dues amounting to $846 million.

Adani Power, which is part of the Adani Group, led by Indian billionaire Gautam Adani, said that the PDB has neither provided a letter of credit (LC) for an amount of USD 170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of $846 million.