Modi government amends rules to allow Adani to sell Bangladesh-bound power within India
The move is expected to help protect Adani Power against possible disruptions caused by the political crisis in the neighbouring country.
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
The Union government has amended guidelines on power exports to allow Adani Power to sell electricity contracted to Bangladesh within India in certain situations, Reuters reported on Wednesday.
The move is expected to help safeguard Adani Power against possible disruptions caused by the political crisis in Bangladesh.
In 2018, the Narendra Modi government framed guidelines on generators that supply power exclusively to a neighbouring country. Adani Power’s 1,600-megawatt power plant in Jharkhand’s Godda district is currently the only one that has a contractual obligation to supply all the electricity it generates to another country – in this case, Bangladesh.
A memo passed by the Union power ministry on August 12 amended the guidelines to state that the government “may permit connection of such generating station to the Indian grid to facilitate sale of power within India in case of sustained non-scheduling of full or part capacity”, according to Reuters.
The amendment also allows for the sale of power to the Indian grid if payments are delayed, according to Reuters.
The Adani Group said that the move would help increase the overall availability of electricity in India.
However, Adani Power’s electricity exports to Bangladesh have long been at the centre of controversy, with experts contending that it entails Dhaka buying power at exorbitantly high prices. The Opposition parties in Bangladesh...
