Adani Power Ramps Up Bangladesh Exports Despite Diplomatic Strain

Adani Power has sharply increased electricity exports to Bangladesh. It has lifted supplies from its Godda coal-fired plant even as bilateral relations have deteriorated and a Bangladesh government-appointed panel flagged concerns over the cost of the power.

Rise in Exports

Data from the Indian and Bangladeshi governments showed that exports from the Godda plant in Jharkhand rose nearly 38% annually to about 2.25 billion kilowatt-hours (kWh) in the three months ended December.

The higher volumes came at a time when power trade between the two neighbours continued to expand despite diplomatic tensions that had led both sides to suspend visa services and summon envoys over security issues at diplomatic missions.

The jump in shipments pushed India’s share of Bangladesh’s power mix to a record 15.6% for the year, up from 12% in 2024, according to Bangladesh government data. Adani began supplying electricity to Bangladesh in early 2023 under a long-term contract linked to the Godda project.

Rising Share in Bangladesh’s Power Mix

Adani Power supplied a record 8.63 billion kWh of electricity to Bangladesh in 2025. It accounted for 8.2% of the country’s total power supply, data from the Bangladesh power grid showed. Imports from other Indian companies rose only marginally to 7.92 million kWh during the year.

The pace has accelerated further in early 2026. During the first 27 days of January 2026, Adani accounted for about 10% of all electricity supplied to Bangladesh. The increase reflects Bangladesh’s growing dependence on imported power as domestic fuel shortages squeeze generation.

Note that Bangladesh’s power sector has been under strain due to falling domestic gas output. Infrastructure limits have restricted the use of imported liquefied natural gas. Experts point out that these constraints have sharply reduced gas-fired generation, which dominated Bangladesh’s energy mix for years.

Note that Adani Power’s Godda plant was built primarily to supply electricity to Bangladesh. The company has emerged as the largest single foreign supplier to the country’s grid. The latest data show that Adani has effectively filled much of the gap left by declining gas-based generation.

Sectoral Impact

The surge in exports highlights the role of neighbouring markets in absorbing surplus generation and supporting utilisation of large coal-fired plants. Adani’s rising volumes shows the scale of its dedicated infrastructure and long-term contracts.

The sharp rise in electricity exports to Bangladesh shows the rising importance of regional power trade for Indian generators. For the broader power sector, it highlights how fuel shortages in neighbouring countries can drive demand for Indian electricity, even during diplomatic strain.

Sources:

Economic Times

Telegraph India