After America and Kenya, Adani Group gets a setback in Bangladesh, Mohammad Yunus government will investigate the power agreement
A new challenge has arisen in front of Adani Group, which supplies electricity to Bangladesh from Godda in Jharkhand. In fact, the interim government of Bangladesh has announced an investigation into the agreement made with Adani Group. This agreement was made during the tenure of former Prime Minister Sheikh Hasina. Adani Group owes Bangladesh $ 800 million.
Staff Editor 
Adani Group Chairman Gautam Adani's troubles do not seem to be decreasing. After the notice sent through the US Eastern District Court in New York, now Bangladesh has also made a big announcement regarding a project related to Adani Group. Bangladesh has recommended appointing an agency to investigate the power agreements signed by the government of ousted Prime Minister Sheikh Hasina with various business groups including the Adani Group.
The interim government had constituted a review committee, which made this recommendation on Sunday. The committee was reviewing seven major energy and power projects. This also includes Adani (Godda) BIFPCL 1234.4 MW coal-based plant. It is a wholly owned subsidiary of Adani Power Limited. It includes a Chinese company and the rest are companies of Bangladeshi business groups.
Thermal plant set up in Godda for Bangladesh
Some time ago, the Adani Group wrote a letter to the Bangladesh government after not paying the dues of $ 800 million. Bangladesh's Electricity Development Board had said that $150 million has been paid and the full payment is expected to be made soon.
Adani's Godda thermal plant was set up specifically to supply electricity to Bangladesh. Recently, the Indian government has changed a law, which allows the company to sell the power of this plant in the domestic market.
America accused of giving bribe
The US Department of Justice accused the Adani Group of giving crores of rupees as bribe in the power deal in India. After this, Adani Group's company Adani Renewable Energy Limited canceled its bond issue of $ 600 million. Immediately after the US allegations, Kenya also announced the cancellation of Adani Group's airport project. This was announced by Kenya's President William Ruto in a joint session of Parliament.
