Why Tata Power is betting big on Bhutan

Tata Power wants to tap into building one of the biggest clean energy partnerships and it’s happening in Bhutan.

What’s going on: the company has signed a new agreement with Bhutan’s Druk Green Power Corporation (DGPC) to help build the workforce needed for more than 5,000 MW of clean energy projects in the country.

In simple terms, Tata Power won’t just help build renewable energy projects, it will also help train the people who will run them.

Background: Tata Power and DGPC have already been working together on hydropower projects in Bhutan. 

The partnership has expanded further with the addition of a new 404 MW hydropower project, taking the total planned clean energy capacity to over 5,000 MW.

Bhutan’s goal: it is preparing for one of South Asia’s biggest clean energy expansions. The country aims to build 25,000 MW of power capacity by 2040 as part of its vision to become a high-income economy by 2034.

The country also plans to expand into wind, geothermal and biomass to reduce dependence on a single energy source.