According to a PTI report, the Bangladesh High Court on Thursday ordered India’s Adani Group not to go ahead with the planned international arbitration in Singapore over the payment dispute with the state-run Bangladesh Power Development Board (BPDB). Court officials said a two-judge bench issued the order. The arbitration should remain suspended until a committee appointed by it to investigate the power purchase agreement and investigate possible irregularities submits its findings. Adani Power said earlier this month that it has opted for an international arbitration process to resolve disputes over power payments in Bangladesh as it is at loggerheads with BPDB over ongoing payments for electricity supplied as part of the contract signed in 2017.
Bondada Group has entered into an agreement with Adani Group, marking the start of a long-term strategic design and construction partnership in India’s rapidly growing renewable energy sector. Under the agreement, the framework will be in place for the next five years to guide the collaboration between Bondada Engineering Ltd (BEL) and Adani Green Energy in the field of solar energy.
Published on November 20, 2025
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