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Adani Power vs Bangladesh: In a major update on the controversy surrounding Adani Power and Bangladesh regarding power supply to the near-bankrupt country, it has been reported that Adani Group’s power company has resumed full power supply to Bangladesh. For context, Adani Power had halved the power supply to Bangladesh due to non-payment of dues from the country only a few months ago. Here are all the details you should note about the recent turn of events.
Bangladesh Power Development Board (BPDB) Chairman Rezaul Karim was quoted as saying in a report by Navbharat Times that the company is making regular payments to Adani and taking electricity as per requirement. Although the chairman did not say anything about whether the previous dues have been paid, the power supply is seemingly restored.
Notably, Adani Power Limited had halved the supply to Bangladesh from its 1,600 MW coal-based power plant, located in Godda, Jharkhand in November of last year. Restoring the power supply will help Bangladesh prevent blackouts during the summer months. This summer, temperatures are expected to reach 38 degrees Celsius or higher.
Gautam Adani, the Chairman of the Adani Group, has become India’s biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the ‘Hurun Global Rich List 2025’ on Thursday, as per a report by news agency IANS.
Gautam Adani’s total wealth rose 13 per cent, or around Rs 1 lakh crore, to Rs 8.4 lakh crore, making him the second richest person in India on the global list.
The list showed that 62-year-old Gautam Adani remained the second richest person of India, and 18th most wealthy person globally. The billionaire industrialist, who started as a commodity trader, now heads a conglomerate whose business encompasses renewables, ports, airports, mining, power generation, media, and cement. He briefly held the title of richest person in Asia in 2024.
(With inputs from agencies)
