Bangladesh's capital market showed signs of recovery throughout the week, with a rise in both indices and daily turnover, resulting in a Tk 4,440 crore increase in the Dhaka Stock Exchange's (DSE) ...

Adani Power will fully restore the 1,600 MW power supply from its Jharkhand plant to Bangladesh, but it has rejected Dhaka’s request for discounts and tax benefits, Reuters reported, citing sources.

The company said that the PDB has neither provided a letter of credit (LC) for an amount of USD 170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of USD 846 million.

In a prior letter to the Bangladesh Power Development Board (PDB), Adani Power had urged the clearance of outstanding dues by October 30.

The initial October 31 deadline was missed by Bangladesh Power Development Board, which cited a dollar shortage amid attempts to issue an LC through Krishi Bank.

Adani Power reduced its electricity supply to Bangladesh to 700 MW amid unpaid dues of USD 846 million.

Adani Power Jharkhand Limited, a wholly-owned subsidiary of Adani Power, has stopped half of its power supply to Bangladesh because of outstanding bills, reported the news agency PTI.

The company said that the PDB has neither provided a letter of credit (LC) for an amount of USD 170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of $846 million.

Adani Power Jharkhand Limited halts half of power supply to Bangladesh due to $846 million outstanding bills.

APJL said that the PDB has neither provided a letter of credit (LC) for an amount of $170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of $846 million.

The company said that the PDB has neither provided a letter of credit (LC) for an amount of USD 170.03 million from Bangladesh Krishi Bank nor cleared the outstanding amount of USD 846 million.

New Managing Directors (MDs) have been appointed in 10 state-owned banks, including Sonali Bank, Janata Bank, Agrani Bank, Rupali Bank, Ansar-VDP Development Bank, Palli Sanchay Bank, Krishi Bank, ...