Bangladesh Faces Reduced Power Supplies Even After Adani Payment

Bangladesh faces a continuing shortage of electricity, increasing the risk of blackouts, even after making a partial payment to a power plant in India that slashed supply because of unpaid bills.

Adani Power Ltd. has received a letter of credit for $170 million, easing pressure from lenders, two officials said, declining to be identified as internal discussions continue. The partial payment doesn’t resolve the crisis, but the company won’t halt supplies for now, pending talks with the lenders of the Godda thermal plant in Jharkhand, the officials said.

“Payments should have been made by this time,” Ahsan H Mansur, ...