Adani Power Awaits $900 Million Dues from Bangladesh

Adani Power is owed approximately $900 million by Bangladesh for electricity supplied from its Godda Ultra-Supercritical Thermal Power Plant in Jharkhand, despite having already received $1.2 billion out of total billings of $2 billion. The company continues to supply uninterrupted power to Bangladesh, with recent payments surpassing monthly billing and a reduction in outstanding dues by roughly ₹500 crore in the last quarter. Adani Power officials have emphasized there is no threat to the supply due to the arrears, expressing optimism that the remaining dues will be cleared. The Godda plant represents the largest thermal Independent Power Project in Jharkhand and is the first to export all its power directly to Bangladesh via a dedicated transmission line. Additionally, Adani Power plans significant expansion, with a capex of ₹13,307 crore for FY26, up from ₹8,000 crore in FY25, including new phases at several existing plants. Two new units at Lanco Amarkantak are also expected to be operational by next year.