Tata Power and Bhutan's Druk Green Power Corporation Forge Partnership to Develop 5,000 MW of Clean Energy Projects
In a landmark move to strengthen regional energy security and support the clean energy transition, The Tata Power Company Limited has entered into a strategic partnership with Druk Green Power Corporation Limited to collaborate and develop at least 5,000 MW of clean energy generation capacity in Bhutan. This partnership will help unleash Bhutan’s great potential for hydropower and its important role in ensuring energy security in the region. The MoU was signed today at Thimphu in Bhutan between Dasho Chhewang Rinzin, MD — DGPC and Dr. Praveer Sinha, CEO & Managing Director - Tata Power, in the esteemed presence of the Hon'ble Prime Minister of Bhutan, Dasho Tshering Tobgay; Minister for Energy & Natural Resources, Lyonpo Gem Tshering; Chairman - Tata Sons, Mr. N. Chandrasekaran; Ambassador of India to Bhutan, Mr. Sudhakar Dalela; and other senior officials from the Royal Government of Bhutan, Embassy of India, DGPC and Tata Power.
Key Highlights
- Largest partnership between two leading power companies of Bhutan and India in the clean energy sector.
- Collaboration to develop at least 5,000 MW of clean energy generation capacity in Bhutan.
- Partnership will help harness Bhutan’s hydropower potential and support both countries’ growing energy demands with reliable and round-the-clock clean energy supply.
- Tata Power's pre-eminence as the most preferred clean energy partner not only in India but also as a regional leader.
- MoU signed between Dasho Chhewang Rinzin, MD — DGPC and Dr. Praveer Sinha, CEO & Managing Director - Tata Power, in the presence of the Hon'ble Prime Minister of Bhutan, Dasho Tshering Tobgay.