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Tycoon Adani to Start Exporting Power From India to Bangladesh

  • Adani aims to commission eastern India power plant by Dec. 16
  • Bangladesh being hit by energy shortages due to surging prices
Gautam Adani

Gautam Adani

Photographer: Dibyangshu Sarkar/AFP/Getty Images

Tycoon Gautam Adani plans to start exporting electricity from a coal-fired plant in eastern India to Bangladesh before the end of the year, helping to alleviate energy shortages in the South Asian nation.

Adani Power Ltd. will commission a 1.6 gigawatt facility in Jharkhand state and a dedicated transmission line for the exports by Dec. 16, Adani said in a Twitter post late on Monday after meeting Bangladesh’s Prime Minister Sheikh Hasina in New Delhi.