Bangladesh’s government is reportedly exploring the possibility of reviving its power deal with Adani Group, citing alleged bribery charges as leverage amid a payment dispute.

Bangladesh’s interim government is re-examining a 2017 agreement with Adani Power, led by billionaire Gautam Adani, over a $2.5 billion deal to supply power from a coal-fired plant in eastern India. The Bangladeshi government claims that Adani Power has not passed on tax benefits, which could have saved Bangladesh $28.6 million. The agreement includes provisions for tax exemptions, but Adani Power allegedly failed to notify Bangladesh of changes to the plant’s tax status. Bangladesh is seeking to renegotiate the deal, which it claims is more expensive than similar power deals. The Bangladeshi government is also investigating the deal, which was awarded to Adani Power without a tender process. The company has denied any wrongdoing and claims to have upheld all contractual obligations. The dispute has led to a reduction in power supply from Adani Power, which is now at half the agreed level. Bangladesh is seeking to use the controversy surrounding Adani’s alleged bribery scheme in India to renegotiate the deal.