Bangladeshi court suspends arbitration with Adani Power over unpaid invoices
Bangladesh temporarily blocks international arbitration with Adani Power pending the conclusions of an expert committee on the legality of the electricity supply contract signed with the Indian conglomerate.
| Sector | Charbon |
|---|---|
| Theme | Régulation & Gouvernance, Risques & Événements, Contentieux |
The High Court of Bangladesh has ordered the immediate suspension of arbitration proceedings between the Bangladesh Power Development Board (BPDB) and Indian company Adani Power over a dispute concerning electricity supply payments. This decision follows the absence of a final report from an expert committee appointed by the court to assess the terms of the agreement signed in 2017.
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