Tata Power has partnered with Bhutan’s Druk Green Power Corporation (DGPC) to develop 5,000 MW of renewable energy projects. This collaboration aims to enhance energy security and accelerate the clean energy transition in the region, contributing to India’s 500 GW renewable energy target by 2030.
The agreement, signed in Thimphu, Bhutan, includes projects across hydropower, pumped storage, and solar energy. This initiative aligns with Bhutan’s goal to increase its renewable energy capacity to 25,000 MW by 2040 while diversifying beyond traditional hydropower to include solar and geothermal sources.
Key projects under this partnership include 4,500 MW of hydropower and pumped storage, such as the 1,125 MW Dorjilung and 1,800 MW Jeri Pumped Storage projects, alongside 500 MW of solar energy to be developed by Tata Power Renewable Energy Limited.
The collaboration builds on a longstanding relationship between Tata Power and DGPC, including the successful development of the 126 MW Dagachhu Hydropower Plant in 2008. Recently, Tata Power acquired a 40% stake in Bhutan’s 600 MW Khorlochhu Hydroelectric Project, further solidifying its commitment to Bhutan’s renewable energy sector.
Dr Praveer Sinha, CEO & MD of Tata Power, highlighted the partnership’s potential to harness Bhutan’s hydropower resources and deliver round-the-clock clean energy. Bhutan’s hydropower, which peaks during the monsoon, complements India’s growing renewable energy needs.
This initiative also supports regional energy integration, with Bhutan’s hydropower contributing to India’s clean energy goals and creating economic benefits, including infrastructure development and green jobs.
With Bhutan’s economy projected to grow by 7.2% in FY25, its energy needs are set to rise, making this partnership a significant step in ensuring sustainable energy solutions for both nations. The collaboration also opens up opportunities for wider regional energy integration, aligning with recent agreements like Bangladesh’s power import from Nepal via India.
