• Bangladesh said to scrap Darshan Hiranandani’s gas supply plan, India unlikely to intervene

    India is aware of reports that Bangladesh has cancelled a proposed agreement with the Darshan Hiranandani-led H-Energy group to supply gas, but New Delhi is unlikely to intervene in the matter.

    The Mumbai-based company was to supply regasified liquified natural gas (LNG) to the energy deficient neighbour.

    The Bangladesh newspaper The Business Standard reported in April that state-owned Petrobangla is close to signing agreements on import of regasified LNG from an Indian private company through a cross-border pipeline.

    However, a recent report on Twitter suggested that the Bangladesh government is planning to cancel the project and imports after a US company, Excelerate Energy, which already has operations in Bangladesh, showed an interest in expanding its supplies to the country.

    ‘New Delhi is aware’
    New Delhi is “aware” of the reports concerning the Hiranandani-led H Energy and Bangladesh, said a senior official in the know of the developments.

    “The (Indian) government would not intervene in this matter. It concerns with a private company. There are several other significant issues that can be taken up,” the official added.

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