Bangladesh HC orders inquiry panel to review power deals with Adani Group
The deal has long been at the centre of controversy, with experts contending that it entails Dhaka buying power at exorbitantly high prices.
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Bangladesh’s High Court on Tuesday ordered the formation of a high-level inquiry committee to reevaluate the country’s agreements with the Adani Group electricity exports, Dhaka-based newspaper The Business Standard reported.
A bench of Justices Farah Mahbub and Debasish Roy Chowdhury directed the cabinet secretary to set up the committee comprising energy and legal experts within a month and to submit its report within the next two months.
The Adani Group exports electricity to Bangladesh from its unit in Jharkhand’s Godda district under an agreement signed in 2017.
The exports have long been at the centre of controversy, with experts contending that it entails Dhaka buying power at exorbitantly high prices.
In September, the Financial Times reported that the Adani Group had warned the neighbouring country that its overdue payments had become unsustainable. Earlier this month, reports said that the group had cut the electricity supply to Bangladesh by half because of the non-payment of dues.
On Tuesday, the court asked the authorities to explain why instructions should not be given to cancel the agreements with the group, The Business Standard reported. It also sought documents within a month on the negotiations that took place during the signing of the agreements.
The bench issued the order in response to a writ petition filed on November 13 by M Abdul Qaiyum, a lawyer in the country’s Supreme Court, seeking the cancellation...
