Joint Venture21 Nov 2025, 05:25 pm
Tata Power and Druk Green Power Corporation Limited sign Commercial Agreements for 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan with ₹ 1,572 Cr equity investment
AI Summary
The Tata Power Company Limited (Tata Power) and Druk Green Power Corporation Limited (DGPC) have signed Commercial Agreements for the implementation of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan. The project will be implemented through a Special Purpose Vehicle (SPV), with DGPC and Tata Power holding equity shares of 60% and 40%, respectively. Tata Power has committed an equity investment of approximately ₹ 1,572 crore. The project is expected to be commissioned by September 2031, with 80% of its generation to be supplied to India. The project is supported by the World Bank.
Key Highlights
- Tata Power and DGPC sign Commercial Agreements for the implementation of 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan.
- Tata Power commits ₹ 1,572 crore of equity investment to be infused in tranches.
- Dorjilung is set to be Bhutan’s largest Public—Private Partnership hydro project.
- 80% of power to flow to India, while supporting Bhutan’s energy security and developmental priorities.
- Project is supported by the World Bank.