Dhaka: Bangladesh’s interim government has announced a comprehensive review of major power agreements signed between 2009 and 2024, including a controversial deal with India’s Adani Group. The decision marks a significant step in addressing longstanding concerns over several energy projects in the country.

According to Kashmir Media Service, the Muhammad Yunus-led interim government has established a review committee to assess these agreements. The committee, led by retired High Court judge Moyeenul Islam Chowdhury, has highlighted concerns over projects such as the Adani (Godda) BIFPCL 1234.4 MW coal-fired plant. The committee has suggested engaging international legal and investigative agencies for a thorough examination of the deals. Initial assessments indicate that some contracts may need to be terminated or renegotiated under internal arbitration laws. The review also includes a 1320 MW coal-fired power plant operated by a Chinese firm, along with other projects associated with Sheikh Hasina’s administration.

Adani’s Godda plant has been under scrutiny since its inception, with accusations of overpricing and unfavorable terms for Bangladesh. In 2023, Bangladesh’s Power Development Board requested a revision of coal prices from Adani, labeling them as exorbitant. The situation has been further complicated by Adani’s recent demand for $800 million in unpaid bills, exacerbating tensions between the parties.

The controversy surrounding Adani is not confined to Bangladesh. Recently, Kenya annulled all infrastructure agreements with the group following a U.S. indictment accusing Adani of bribery. This increased scrutiny adds to the questions about the conglomerate’s regional influence and its connections to political figures.