Tata Power Expands Hydropower Initiative in Bhutan with New Project
Tata Power signs amendment to MoU with Druk Green Power Corporation
Business Standard
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Tata Power has signed an amendment to its Memorandum of Understanding with Druk Green Power Corporation to include the 404 MW Nyera Amari I & II integrated hydropower project in Bhutan. This addition raises the total capacity of their collaboration to 5,033 MW, aligning with Bhutan's goal of achieving 25,000 MW energy generation by 2040.
- 01Tata Power's collaboration with Druk Green Power Corporation expands hydropower capacity to 5,033 MW.
- 02The new project, Nyera Amari I & II, adds 404 MW to the existing pipeline.
- 03This partnership supports Bhutan's vision of achieving 25,000 MW energy capacity by 2040.
- 04Tata Power is positioned as a leading clean energy partner in the region.
- 05The initiative enhances Bhutan's energy security and potential for hydropower development.
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Tata Power Company has signed an amendment to its Memorandum of Understanding (MoU) with Druk Green Power Corporation (DGPC) to incorporate the 404 MW Nyera Amari I & II integrated hydropower project into their existing collaboration. This amendment increases the total identified hydropower capacity under their partnership from 4,500 MW to 5,033 MW. The original MoU, signed on November 19, 2024, aimed to develop at least 4,500 MW of hydropower projects in Bhutan. This strategic expansion aligns with Bhutan's ambitious goal of achieving 25,000 MW of energy generation capacity by 2040, enhancing the country's energy security and regional energy integration. Tata Power's initiative reinforces its status as a preferred clean energy partner in India and a significant player in the regional energy landscape, unlocking Bhutan's hydropower potential.
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The expansion of hydropower projects will enhance Bhutan's energy security and could lead to more stable energy prices for consumers. It also positions Bhutan as a key player in regional energy integration.
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