Adani Seeks Fresh Lifeline for Troubled East India Power Plant.

Adani Power Ltd. is seeking concessions from the Indian government for its struggling $2 billion coal-fired plant in eastern India, facing payment backlogs from Bangladesh, its sole electricity buyer. The plant's location in a special economic zone hampers domestic sales, requiring exemptions to avoid import taxes on its electricity and imported coal. Adani executives reported $790 million in dues from Bangladesh, complicating efforts to link the plant to the Indian grid. Other companies have also faced challenges with India's SEZ regulations, prompting some to relocate production outside these zones. [Extracted from the article]