DHAKA: A government-appointed review committee in Bangladesh has flagged the Adani Power coal-fired plant’s electricity supply deal as overpriced, citing serious procedural anomalies in the contract award. The National Review Committee (NRC) report, dated January 20, found that the Godda plant in Jharkhand, India, charged Bangladesh electricity at a 39.7% premium over the nearest private-sector competitor.
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The NRC described the price divergence as the result of “specific contractual choices” and labelled it the “most significant statistical outlier” among cross-border electricity procurement arrangements. The report also highlighted that the plant’s coal costs were excessively priced and that Indian corporate taxes were being passed on to Bangladesh—an approach that deviates from standard international practice, which typically requires independent power plants to bear taxes in their home jurisdiction.
Power crisis started in Bangladesh after Adani cut power export to Bangladesh from its Jharkhand plant.
Loadshedding reported from capital Dhaka also. What will happen in summers 😆pic.twitter.com/YfEWVIt7f6
— Frontalforce 🇮🇳 (@FrontalForce) January 25, 2026
Adani Power supplies more than 10% of Bangladesh’s electricity. In response to the report, the company said it had not been consulted or provided a copy of the review and stressed that it continues to supply electricity despite significant payment arrears. “We urge Bangladesh government to liquidate our dues at the earliest as this is impacting our operations,” the company said.
The NRC’s findings recommend a review of electricity contracts to identify opportunities for renegotiation of financially burdensome provisions. The panel’s statement of “serious anomalies in procedures” suggests that the contract may not have adhered to established standards for transparency or competitive bidding.
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The report is expected to reignite debate over cross-border electricity deals and could have implications for future energy procurement agreements with India. Analysts say the findings may prompt Bangladesh to seek renegotiation or reform of pricing structures to protect public finances while maintaining energy security.