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News India Live, Digital Desk: Examples of friendship between India and Bangladesh are often given, but an expensive power agreement seems to be overshadowing this friendship. A well-known think tank of Bangladesh has raised serious questions in one of its reports on the power purchase agreement with India’s Adani Group, which has sparked a new debate in the trade relations between the two countries.
There is a direct allegation in this report that this deal with Adani Power is proving to be very costly for Bangladesh and there is also a huge lack of transparency in it.
After all, what is this whole matter?
This dispute is related to Adani Group’s Godda Power Plant located in Jharkhand, India. A big agreement has been signed to supply electricity to Bangladesh from this plant for 25 years. But Bangladesh’s think tank ‘Centre for Policy Dialogue’ (CPD) has found in its investigation that there are many major irregularities in this deal.
Main allegations of the report:
- Unilateral Agreement: It is also alleged that the terms of the agreement are largely one-sided, benefiting only the company, while the entire risk and loss lies with the Bangladesh government.
- Question on transparency: Questions have been raised over the lack of transparency regarding how this entire deal was done and its terms.
Questions have already been raised
This is not the first time that this power agreement has come into controversy. Earlier, big newspapers of the world like ‘Washington Post’ have also raised questions in their reports about the price of coal, on the basis of which the electricity rate is decided.
This report has come at a time when Bangladesh itself is facing economic challenges. In such a situation, paying high prices for an essential commodity like electricity is a big blow to its economy. This report has created a big debate about the fine line between friendship and business. Now all eyes are on how Bangladesh government and Adani Group react to these serious allegations.
