Project Update5 May 2026, 04:41 pm
Tata Power: Bhutan & World Bank Sign $515M Hydro Project Deal
AI Summary
The Royal Government of Bhutan and the World Bank have signed financing agreements totaling $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project. This project, a public-private partnership with Druk Green Power Corporation (60%) and Tata Power (40%), aims to boost Bhutan's GDP by 2.4% and generate over 4,500 GWh of clean electricity annually. It will also strengthen regional energy security and deepen India-Bhutan clean energy cooperation.
Key Highlights
- Dorjilung project gets $515M financing from World Bank.
- Project to generate 4,500 GWh of clean energy annually.
- Tata Power has 40% stake in the Dorjilung Hydro Power Limited.
- Project expected to increase Bhutan’s GDP by 2.4%.