Bangladesh’s High Court has ordered the Adani Group not to move ahead with its planned international arbitration in Singapore over a payment dispute with the Bangladesh Power Development Board (BPDB) until an ongoing investigation into their power purchase agreement is completed.
Uttar Pradesh’s power regulator has put off approving a supply deal with Adani Power’s new $2-billion coal project, citing unclear cost details. Adani Power had won a contract in May to supply 1,500 MW at ₹5.38 per unit, but the regulator said the state utility did not assess how much money the plant would save…
Reliance Power has approved the creation of a Board of Management to strengthen governance and improve oversight. The new body will include the CEO, key managerial personnel and senior business leaders.