Adani wants 60% higher coal price

India's Adani Group wants to charge higher coal prices for the power plant from which it will export power to Bangladesh. If the price of Adani coal is high, Bangladesh will have to buy electricity at a much higher price.

PDB

• Sources in the power department say that the Adani Group wants to set the price of coal at $400 per tonne. They informed the Bangladesh Power Development Board (PDB) about opening the coal import credit at this rate. However, the price of coal in Rampal, a joint venture of Bangladesh and India, and Payra, a joint investment of Bangladesh and China, is falling as low as $250 per ton. But Adani's price per tonne of coal is 60 per cent higher than that of Rampal and Payra.
   

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However, PDB has objected to Adani's proposed coal price. PDB had also written to Adani in late January to send a delegation to discuss the rates. Accordingly, a technical delegation of Adani will come to Dhaka to discuss. Sources in the power department said Adani has agreed in principle to revaluation of coal prices.