Adani Group and Bhutan's DGPC Sign MoU to Jointly Develop 5,000 MW Hydropower Projects in Bhutan .

Economy Business

In May 2025, Ahmedabad (Gujarat)-based Adani Group and Thimphu (Bhutan)-based Druk Green Power Corporation Limited (DGPC) signed a Memorandum of Understanding (MoU) to jointly develop 5,000 Megawatt (MW) of hydropower projects in Bhutan.


      - The MoU was signed by Dasho Chhewang Rinzin, Managing Director (MD) of DGPC, and Naresh Telgu, Chief Operating Officer (COO) of Adani Green Hydro (Pumped Storage Projects & Hydro), in the presence of Dasho Tshering Tobgay, Prime Minister (PM) of Bhutan, and Lyonpo Gem Tshering, Minister for Energy and Natural Resources, in Thimphu, Bhutan.

     

     

Main Point :-   (i) The 5,000 MW hydropower initiative will comprise hydropower and pumped storage projects, which will be identified, studied through Detailed Project Reports (DPRs), and implemented in phases.

      (ii) This initiative builds upon the existing partnership between DGPC and Adani for the Wangchhu Hydropower Project, which has a proposed capacity of 570 MW (expandable to 900 MW). In this project, DGPC holds a majority stake of 51%, while Adani holds 49%.

(iii) The MoU aligns with Bhutan's Renewable Energy (RE) Roadmap, which targets the addition of 20,000 MW of RE capacity by 2040.

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