Gautam
Adani, Adani Group chairman, reportedly reached out to chief advisor to the
Bangladesh government Muhammad Yunus seeking his intervention in the early
clearance of $800 million of receivables due from Bangladesh Power Development
Board to Adani Power for electricity supplies.
In a letter, Gautam Adani wrote as
per Economic Times, "The lenders have now been severe on us as we continue
to meet our commitment to Bangladesh. I would request for your kind
intervention in early liquidation of $800 million of receivables due from
Bangladesh Power Development Board."
He said,
“May we request for regular payment of routine bills as we continue with our
commitment on supplies and in addition significant tranches be made each month
to liquidate outstanding dues.”
This
comes as it was reported that the Bangladesh Power Development Board owes Adani
Power $800 million in power supply dues for a period of eight to nine months.
Adani
Power supplies electricity to Bangladesh from its 1.6 GW coal-fired power plant
in Jharkhand through a dedicated transmission corridor which it began from last
June.