Bangladesh has halved the power it buys from neighbouring India's Adani Power, citing lower winter demand, government officials told Reuters on Monday, amid disagreements over dues running into hundreds of millions of dollars.

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.