Adani to Export Power to Bangladesh

Tags: Economics/Business Person in news

Asia’s richest and world’s third richest person Gautam Adani has tweeted that it will export electricity from its coal fired power plant in Jharkhand to Bangladesh by Bijoy Dibosh (vijay divas), 16 Dec 2022.

IMPORTANT FACTS -

• Gautam Adani tweet came after he met the visiting Bangladesh Prime Minister Sheikh Hasina in New Delhi.
• Adani Power limited is setting up 1600 MW Godda Power Project in Jharkhand. It is also building a transmission line to evacuate the power to Bangladesh.
• Bangladesh is currently facing an acute shortage of power due to sharp increase in the price of coal, oil and natural gas in the world due to ongoing Russia-Ukraine conflict.
• 16 December is observed as victory day or Bijoy Diwas in Bangladesh as the Pakistan Army surrendered to Mukti Bahini and Indian Army leading to Independence of Bangladesh in 1971.