Bangladesh weighs renewable options as its dispute deepens with Indian energy firm Adani Power. Bangladesh is embroiled in a dispute with Indian electricity company Adani Power as it struggles to pay the company outstanding bills of at least $650 million.
The country has halved its purchases from Adani’s 1,600-megawatt (MW) Godda coal power plant, citing lower seasonal demand, and said it wants to renegotiate the price it pays Adani, which is higher than what other Indian power producers charge. The move is the latest example of Bangladesh’s attempts to free itself from costly, imported fossil fuels, after the new interim government headed by Nobel laureate Muhammad Yunus pledged to change the country’s energy model.
His administration wants to pivot to renewable energy, which now generates a little more than 4% of Bangladesh’s power, to reduce its energy dependence.
Source: ECEEE
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