On Tuesday, the Bhutan government signed financing agreements worth $515 million with the World Bank for the Dorjilung Hydroelectric Power Project, a significant initiative being developed by a joint venture between Tata Power Co. Ltd, India's largest private power company, and Druk Green Power Corp. Ltd, Bhutan's state-run power company. This 1,125 megawatt project, located in eastern Bhutan, is expected to generate 4,500 gigawatt-hours (GWh) of clean electricity annually, with 80% of the output designated for export to India during peak summer months. The total cost of the project is projected to be $1.7 billion, and it forms a crucial part of Bhutan's 13th five-year plan. According to Bhutan's Prime Minister Dasho Tshering Tobgay, this investment will not only supply clean energy but also spur economic growth and support Bhutan's commitment to carbon neutrality. The project is anticipated to increase Bhutan's GDP by 2.4% and enhance regional energy security, especially in light of India's rising power demand, which recently hit a record 256GW. This collaboration represents a model for sustainable energy development amid global supply challenges.