International News
Bangladesh High Court orders high-level probe into power deals with Adani group amid supply cuts
Bangladesh’s High Court ordered the formation of a high-level enquiry committee comprising international energy and law experts to reevaluate all electricity-related agreements with the Adani group, The Business Standard, a local news portal, reported on Tuesday, November 19.
The bench of Justices Farah Mahbub and Debasish Roy Chowdhury has reportedly ordered the cabinet secretary to form the committee within a month and submit the report to the court in the next two months.
Adani Power shares closed 0.47 per cent lower at ₹524.10 on Tuesday’, compared to ₹526.60 at the previous market close.
The court, while hearing a petition, asked why instructions should not be given to cancel the uneven agreements made with the Adani group. It also asked for the documents related to the signing of the deal within a month.
Barrister M Abdul Qayyum, representing the petitioner, filed the writ in the High Court asking for the cancellation of all electricity deals with Adani group. Adani signed the 25-year power purchase agreement in 2017; at that time, no imported coal-based power plants were operational in Bangladesh, as per the report.
Adani’s Bangladesh power supply
Adani group’s Bangladesh power is supplied from Jharkhand’s 1,600 MW power plant. The cost of power is $0.1008 per unit or Tk12 per unit, a Bangladesh Power Development Board official was quoted as saying in the report.
This rate is 27 per cent higher than the rate of India’s other private producers and as much as 63 per cent more than the Indian state-owned plants.
After Adani Power cut the Bangladesh power supply by half over the unpaid dues, the company also set a deadline of November 7 to switch off the flow of electricity if there was no clarity on the settlement of the outstanding amount.
Bangladesh reportedly owes Adani almost $850 million. Adani group later clarified that it had not demanded the full payment in seven days, as per the report.
Shortage of Power
Bangladesh continues to face a shortage of electricity, increasing the risk of blackouts, even after making a partial payment to Adani group, according to a Bloomberg report on Tuesday.
Adani Power has received a letter of credit for $170 million, easing pressures from lenders, reported the agency, citing two people aware of the development. 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, governor of Bangladesh Bank, said in a phone interview on Friday as per the report. The central bank “issued an instruction for the payment”, Mansur had said earlier this week.
The Adani electric supply accounts for nearly 10 per cent of Bengladesh’s total supply. The power company reduced its supply further to 500 megawatts on Thursday after cutting it to 700 megawatts earlier, as per the data collected from Power Grid Bangladesh cited in the news report.
International News
Yemen Houthis claim major missile, drone attack on Saudi air base

Sanaa, Sep 14: Yemen Houthi group said Monday that it had launched dozens of ballistic missiles and drones at a major military air base in southwestern Saudi Arabia, marking a significant escalation in the widening cross-border confrontation.
In a statement carried by Houthi-run al-Masirah TV, military spokesperson Yahya Saree said the group fired dozens of ballistic missiles and drones at King Khalid Air Base in Khamis Mushait, a southwestern Saudi city near the Yemeni border.
Saree said the operation targeted fighter-jet hangars, radar systems, runways, ammunition depots and other military facilities at the base, claiming that the strikes were “precise and direct” and caused significant damage, Xinhua News Agency reported.
There was no immediate comment from Saudi authorities on Monday’s Houthi claims or information on possible casualties and damage.
Saree said the operation was carried out in retaliation for what the group described as an intensifying Saudi air campaign across Yemen, claiming that Saudi F-15 and Typhoon fighter jets had conducted more than 300 airstrikes on several Yemeni provinces in recent days.
He warned that the Houthis would continue launching attacks deep inside Saudi territory as long as airstrikes on Yemen continue, saying any further escalation would be met with broader military operations.
The claim came amid a sweeping Houthi offensive launched on Sept. 3 that has rapidly redrawn front lines along Yemen’s Red Sea coast, with the group capturing several government-held areas in the Red Sea Hodeidah province and neighboring southwestern Taiz province.
The Houthis captured the strategic port city of Mocha on Thursday before pushing south into the Bab al-Mandab Strait area and seizing Mayun Island at the heart of the strait, tightening their grip on the vital shipping chokepoint connecting the Red Sea with the Gulf of Aden.
Following the advance on Friday, the Houthis said international navigation through the strait remained “free, safe and smooth,” while stressing that Saudi vessels remained excluded under a maritime ban the group imposed on July 20.
Yemen’s conflict erupted in late 2014 when the Houthis seized Sanaa and much of northern Yemen, prompting a Saudi-led coalition to intervene in March 2015 in support of the internationally recognised government.
International News
Iran says Oman meeting postponed at Saudi Arabia’s request

Tehran, Sep 14: Iran’s Foreign Ministry spokesman Esmaeil Baghaei said on Monday that a meeting between the foreign ministers of Iran and Gulf states scheduled to be held on the same day in Oman was postponed at Saudi Arabia’s request.
He made the remarks at the weekly press conference in the Iranian capital Tehran after Omani Foreign Minister Sayyid Badr bin Hamad Al Busaidi announced the meeting’s deferral the previous day in a post on social media platform X.
Baghaei rejected “incorrect” reports that the meeting was postponed due to the ongoing developments between Saudi Arabia and Yemen’s Houthis, describing such speculation as “giving a wrong address.”
The meeting was originally scheduled to be held in the Omani City of Salalah on Monday.
“In the interests of consensus, the regional meeting set for tomorrow in Salalah has been postponed,” Omani FM Al Busaidi said on X.
“We remain committed to fostering dialogue that supports stability and lasting cooperation in our region,” he added.
Confirming the meeting’s deferral in an interview with Iran’s official news agency IRNA, Mohammad Ali Bak, director general of the Persian Gulf at the Iranian Foreign Ministry, said it was postponed to another date at some regional countries’ requests and based on a joint decision by Iran and Oman.
The official stressed that Iran is in close consultations with Oman to ensure the necessary arrangements and coordination regarding the appropriate time for holding the meeting, Xinhua News Agency reported.
Baghaei on Friday announced that Gulf littoral states’ foreign ministers were scheduled to meet in Oman on Monday to exchange views on regional issues, including the Iran-Oman talks on designating safe routes in the Strait of Hormuz.
Speaking to the media on Saturday, Baghaei said the gathering would “hopefully” be attended by foreign ministers from Gulf states as well as Iran and Iraq.
International News
Meeting between Iran, Gulf states scheduled in Oman postponed

Muscat/Tehran, Sep 14: A meeting between Iran and Gulf states scheduled to take place in the Omani city of Salalah on Monday has been postponed, according to a social media post by Omani Foreign Minister Sayyid Badr bin Hamad Al Busaidi on Sunday.
“In the interests of consensus the regional meeting set for tomorrow in Salalah has been postponed,” Al Busaidi said on X.
“We remain committed to fostering dialogue that supports stability and lasting cooperation in our region,” he added.
Confirming the meeting’s deferral in an interview with Iran’s official news agency IRNA, Mohammad Ali Bak, director general of the Persian Gulf at the Iranian Foreign Ministry, said it was postponed to another date at some regional countries’ requests and based on a joint decision by Iran and Oman.
The official stressed that Iran is in close consultations with Oman to ensure the necessary arrangements and coordination regarding the appropriate time for holding the meeting, Xinhua News Agency reported.
Iran’s Foreign Ministry spokesman Esmaeil Baghaei announced on Friday that Gulf littoral states’ foreign ministers were scheduled to meet in Oman on Monday to exchange views on regional issues, including the Iran-Oman talks on designating safe routes in the Strait of Hormuz.
Speaking to media on Saturday, Baghaei said the gathering would “hopefully” be attended by foreign ministers from Gulf states as well as Iran and Iraq.
Meanwhile, Iraq announced on Sunday a phased reopening of three major border crossings with neighbouring Iran, following administrative and technical reviews to enhance security and streamline border movement.
According to a statement by the Security Media Cell (SMC), affiliated with the Iraqi Joint Operations Command, the decision was made under the directives of Iraqi Prime Minister Ali al-Zaidi to upgrade organisational and technical infrastructure at the Shalamcheh, Mandali, and al-Sheeb border crossings.
Under the schedule, passenger travel through the al-Sheeb and Shalamcheh border crossings resumed at 6 am on Sunday, while commercial trade activities at Shalamcheh will resume on Monday, followed by Mandali on Tuesday and al-Sheeb on Thursday, the statement said.
The SMC emphasised that trade and passenger movement with Iran at the Zurbatiyah and al-Munthiriya crossings have remained unaffected and continue to operate around the clock.
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