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Adani Power signs 770 MW Bhutan hydro pact
NDTV··6d ago
Adani Power signed a Shareholders Agreement with Bhutan's Druk Green Power Corp Ltd for the 770 MW Chamkharchhu-I project. The peaking run-of-river plant is in Zhemgang District under a 49:51 equity split with DGPC. Construction is expected to start in the first half of 2027. It follows the 570 MW Wangchhu agreement signed in September 2025.
Prism
What It Means For You
- Surplus summer generation is expected to be exported to India, Adani Power said.
- The project uses a BOOT model with a 30-year concession from commercial operation.
- Commissioning is targeted within six years of groundbreaking.
What's Happening
- Bhutan Prime Minister Lyonchhen Dasho Tshering Tobgay attended the signing ceremony.
- Adani Power holds 49 percent and DGPC holds 51 percent in the equity partnership.
- The deal sits inside a broader 5,000 MW hydropower MoU signed in May 2025.
How The Bhutan Project Is Structured
- The plant is on the Chamkarchhu River in central Bhutan's Zhemgang District.
- DGPC said the project should help Bhutan's peak winter electricity needs.
- Managing Director Anil Sardana said the project advances regional energy cooperation.
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