Adani Power said on Monday it has no indication that the Bangladesh government is reviewing a power purchase agreement with the company, a day after Reuters reported that the country is looking to renegotiate the deal.

Shares of Adani Power Ltd cut losses and were down 0.8 per cent in Monday's trade, even as a Reuters report quoting a company spokesperson said the Adani group company has received no indication from the Bangladesh government that the latter is reviewing the power purchase agreement (PPA) with the company.

Bangladesh wants to renegotiate its power purchase deal with Adani Group if the agreement isn’t canceled by a court, Reuters reported, citing the head of its power ministry.

Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal,

Reuters reported on Sunday that Bangladesh wants to sharply lower prices under the deal with Adani Group, unless it is cancelled by a court that has called for an investigation into the 25-year deal

Bangladesh is pushing to significantly lower power prices under a 25-year agreement with Indias Adani Group unless it is cancelled by a court. This comes as the deal faces scrutiny from the countrys High Court and global allegations against Adani founder Gautam Adani.

Bangladesh to review power deals under Sheikh Hasina's leadership, Adani Group scrutinised over unpaid dues and legal issues

Adani Power has dismissed rumors that Bangladesh's government is reconsidering their power purchase agreement. The company highlights ongoing operational issues due to payment delays from Bangladesh but commits to continuing electricity supply.

Bangladesh seeks to significantly reduce prices under a power purchase deal with Adani Group or consider its cancellation pending a court investigatio

Bangladesh is planning to renegotiate lower power prices from the Adani Group as it tries to reduce its subsidising expenditure for the electricity