Bhutan Signs MoU with Adani for 5,000 MW hydropower

The Adani Group and the Druk Green Power Corporation (DGPC) of Bhutan have signed a memorandum of understanding (MoU) to jointly develop 5,000 MW of hydropower projects in Bhutan.

The MoU was signed in Thimphu, by DGPC’s MD, Dasho Chhewang Rinzin and Adani Green Hydro’s COO (PSP & Hydro), Naresh Telgu in the presence of the Prime Minister Dasho Tshering Tobgay, Minister for Energy and Natural Resources Lyonpo Gem Tshering and other senior dignitaries.

This MoU builds on the ongoing partnership for the 570/900 MW Wangchhu Hydropower Project, in which DGPC will hold a majority 51 per cent stake and Adani will hold 49 per cent. The broader 5,000 MW initiative will encompass additional hydropower and pumped storage projects to be identified, Detailed Project Reports were prepared, and taken forward for implementation in phases.

Published on May 8, 2025