Bangladesh agreed to fresh repayment terms just in time to continue receiving electricity from Adani Power’s Jharkhand plant—a deal that had played a key role in India-Bangladesh ties during the neighbouring nation’s earlier regime.

Bangladesh is ramping up payments to Adani Power after the Indian conglomerate reportedly cut electricity supplies by half because of an unpaid $800m bill. Two senior government officials told the BBC they are already processing partial payments to Adani, which supplies 10% of the electricity used by Bangladesh.

Bangladesh is accelerating payment of more than $800 million it owes Adani Power ahead of a Nov. 7 deadline set by the Indian company, which has cut electricity exports to Bangladesh by more than half,

Facing a staggering $850 million in unpaid bills, Adani Group has cut electricity supply to Bangladesh by 50%. As the nation grapples with a political upheaval and a power shortage, the ramifications of this decision could significantly impact millions of Bangladeshis reliant on consistent energy.

Adani Power Jharkhand Limited (APJL), a subsidiary of Adani Power, has halved its power supply to Bangladesh due to unpaid bills amounting to USD 846 million, The Daily Star reported on Friday. Data from Power Grid Bangladesh PLC showed that the Adani plant reduced its supply on Thursday night,

The company has given Bangladesh a deadline of November 7 for the fulfillment of the unpaid dues amounting to $846 million.