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    Tag:Adani

    Bangladesh

    Bangladesh Pays Off Major Dues to Adani, Avoids $20M Late Fee

    The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.
    OWSA Contributor -
    Bangladesh

    Adani Power Seeks Bangladesh’s Help to Settle $900 Million in Unpaid Dues

    With Bangladesh’s energy demand rising and domestic generation under pressure, the power from APL’s Godda plant plays a vital role, particularly in northern regions. Any disruption in this supply could significantly impact industrial and residential consumers.
    OWSA Contributor -
    Accountability

    Bangladesh Moves to Renegotiate Power Plant Tariffs Amid Mounting Capacity Payments

    Adding to the complexity, the Power Grid Company of Bangladesh has yet to complete six substations critical for evacuating electricity generated at the Meghnaghat hub. Sources say these substations are unlikely to be ready before August.
    OWSA Contributor -
    Accountability

    Lanka Wind Energy Dispute: Adani Offers to Proceed on Original Terms; Sri Lanka Insists on Price Revision

    Whether the two parties can bridge the gap and reach a mutually acceptable agreement remains to be seen. The Sri Lankan government's insistence on price revision and Adani’s re-affirmation of the initial terms, clearly sets the stage for a tense negotiation period.
    OWSA Contributor -
    Accountability

    Adani Green Energy Withdraws from $1 Billion Wind Power Project in Sri Lanka

    There has been a raging debate in Sri Lanka on the deal, citing it as an expensive deal. The earlier government had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement.
    OWSA Contributor -
    Accountability

    Sri Lanka Rejects Earlier Pricing for Adani Wind Power Projects

    Sri Lanka's earlier administration had agreed to purchase power from Adani’s 484-megawatt wind power project at a rate of 8.26 US cents per unit under a 20-year power purchase agreement. This agreement, announced in May 2023, triggered widespread criticism due to the high price and lack of competitive tendering.
    OWSA Contributor -
    Finance and Economy

    Why is India’s financial aid offer to Sri Lanka getting delayed?

    Sri Lankan finance minister Basil Rajapaksa’s visit to clinch a big-ticket loan from India has been postponed. Is this go-slow a deliberate strategy to...
    OWSA Staff -
    Civil society

    Richest 98 Indians own the same wealth as the bottom 55.2 crore people: Oxfam

    The richest 98 Indians own the same wealth as the bottom 552 million people, the India supplement of Oxfam's Inequality Kills report of 2022...
    OWSA Staff -

    Latest news

    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
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    Bangladesh

    Bangladesh Pays Off Major Dues to Adani, Avoids $20M Late Fee

    The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.
    Agri-business

    Heifer International and ICA-AP Join Forces to Strengthen Farmer Cooperatives in Asia

    Formalized under the ICA-EU Financial Framework Partnership Agreement Phase 2, the MoU reflects a shared commitment to elevating smallholder farmers—especially women and youth—as stewards of agricultural transformation.

    Must read

    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Bangladesh

    Bangladesh Pays Off Major Dues to Adani, Avoids $20M Late Fee

    The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.
    Global Governance

    The Fallout from Losing a UN Job

    I wasn’t just de-linked from my role—I was cut off from my health insurance, my professional identity, my community, and the safety net I thought I’d built after a lifetime of service.
    Finance and Economy

    World Economy Will Slow Sharply, Despite US-China Tariff De-Escalation, Says Fitch

    There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
    Climate change

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

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    Climate Change

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