Adani Group, Druk Green Power to develop 5GW hydropower projects in Bhutan

GlobalData

Fri, May 9, 2025, 4:23 AM 2 min read

India-based Adani Group has entered a memorandum of knowing (MOU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly make a bid of hydropower projects totalling 5GW successful Bhutan.

The MOU, signed successful the kingdom's capital, Thimphu, paves the mode for the enlargement of the ongoing concern betwixt the 2 entities, which includes the 570/900MW Wangchhu Hydropower Project.

DGPC volition support a bulk involvement of 51% successful the project, with Adani holding the remaining 49%.

The broader inaugural volition see further hydropower and pumped retention projects, which volition beryllium identified and developed successful phases.

DGPC MD Dasho Chhewang Rinzin said: “This strategical concern with Adani volition further fortify our precise beardown engagement with the Government of India successful harnessing Bhutan’s abundant hydropower resources, which is considered arsenic the cornerstone of the exemplary and affable relations betwixt our 2 countries.”

The concern is simply a portion of Bhutan's Renewable Energy Roadmap, which aims for an further 20GW of procreation capableness by 2040, with a absorption connected diversification into star and geothermal energy, arsenic good arsenic strategical partnerships to pull concern and innovation.

Adani's relation volition widen to ensuring reliable powerfulness offtake and integration with India's commercialized powerfulness markets.

Adani Green Hydro COO (PSP & Hydro) Naresh Telgu said: “This concern reflects our heavy committedness to processing cleanable vigor infrastructure that enhances determination vigor security.

“Together with DGPC, we are enabling Bhutan to harness its hydropower imaginable and export reliable greenish vigor to India. This is simply a almighty illustration of cross-border collaboration successful pursuit of shared sustainable improvement goals.”

Recently, Adani Power secured a 25-year contract to proviso 1.5GW of energy to the Indian authorities of Uttar Pradesh.

The contract, awarded done competitory bidding, involves powerfulness proviso from a caller 1.6GW thermal powerfulness project.

"Adani Group, Druk Green Power to make 5GW hydropower projects successful Bhutan" was primitively created and published by Power Technology, a GlobalData owned brand.

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