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Adani Power's outstanding on Bangladesh stands at around $900 mn: CFO

Business Standard LogoBusiness Standard9h ago

Adani Power's outstanding on Bangladesh stands at around $900 mn: CFO - Business Standard

Quick Summary:

Adani Power has to receive around USD 900 million (around Rs 7,500 crore) from Bangladesh where the company supplies electricity from its Godda Power plant in Jharkhand, a company official said.

We have already received USD 1,207 million out of this and we have also billed LPS (late payment surcharge) of USD 136 million," the company's Chief Financial Officer (CFO) Dilip Jha said in an earnings call.

On company's capex plan, Jha said the company has planned Rs 13,307 crore towards expansion capex for FY26, up from Rs 8,000 crore already incurred in FY25.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 18:45:29 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28401805

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Official Website: business-standard.com

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