Tata Power joins Bhutan for major hydro push

Tata Power has signed agreements with Druk Green Power Corporation (DGPC) for the development of the 1,125 MW Dorjilung hydroelectric power project in Bhutan.

Druk Green Power Corporation develops, operates, and manages Bhutan’s hydropower plants, generating clean electricity that supports national energy needs and exports to India.

What’s going on: the project will be handled by a new joint company created just for this purpose. DGPC will own 60% of it, and Tata Power will own the remaining 40%.

The Dorjilung project packs serious power: six units of 187.5 MW each. With the ability to store water for up to six hours, it can release energy when demand spikes, ensuring steady, reliable clean power for the region.

On the money side: Tata Power will invest around ₹1,500 crore in the project. The total project cost stands at ₹13,100 crore, making this Bhutan’s second-largest hydropower development and the country’s biggest public-private partnership in the hydro space.

The big picture: this project takes Tata Power and DGPC a step closer to their long-term plan of building 5,000 MW of clean energy in Bhutan, a move that fits right into Bhutan’s national priorities and India’s drive toward a net-zero future.