Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi,

Bangladesh`s interim government has accused Adani Power, an Indian energy supplier, of violating a multi-billion-dollar agreement by withholding tax

Bangladesh’s interim government has accused Adani Power of breaching a multi-billion-dollar agreement by failing to pass on tax benefits granted to its Godda power plant in eastern India. The plant was established to supply power to Bangladesh under a 2017 agreement,

Reuters reviewed 19 state government documents, many of them previously unreported, and interviewed more than two dozen state and federal officials about the deal, as well as independent energy and legal professionals.

Bangladesh has accused the Gautam Adani-led company of not passing on tax benefits related to a power plant critical to the deal.

Adani Power contends it is owed $900 million, while BPDB says arrears are about $650 million. Bangladesh is pressing for Adani Power to use other benchmarks that would lower the tariff after one of the indices was revised last year, said three BPDB sources.