Tata Power and DGPC Expand Hydropower Collaboration in Bhutan to 5,033 MW

Tata Power and DGPC Expand Hydropower Collaboration in Bhutan to 5,033 MW​

The Tata Power Company Limited (Tata Power) announced an expansion of its clean energy partnership in Bhutan, confirming the signing of an amendment to its Memorandum of Understanding (MoU) with Druk Green Power Corporation Limited (DGPC). This collaboration significantly increases the identified hydropower capacity in the Kingdom of Bhutan.

Under the amended agreement, a new 404 MW Nyera Amari I & II Integrated Hydropower Project has been added to the existing project pipeline. This raises the total identified hydropower capacity under the partnership to 5,033 MW, an increase from the previously agreed 4,500 MW. This expansion aligns with Bhutan's broader vision to achieve an overall generation capacity of 25,000 MW by 2040 for energy security and regional energy integration.

The agreement was formalized in the presence of the Hon'ble Prime Minister of Bhutan, Lyonchhen Tshering Tobgay. The MoU amendment was signed by Dr. Praveer Sinha, CEO & Managing Director of Tata Power, and Chhewang Rinzin, Managing Director of DGPC.

Dr. Praveer Sinha highlighted that expanding the joint hydropower portfolio to over 5,000 MW marks a major step in strengthening the clean energy partnership. He emphasized that the Nyera Amari project addition underscores the long-term commitment to advancing Bhutan's economic growth and enhancing regional energy security.

Dasho Chhewang Rinzin noted that the inclusion of the 404 MW Nyera Amari I & II project, alongside other key facilities, reinforces the scale of the collaboration. He stated that the partnership will play a pivotal role in unlocking Bhutan's vast hydropower potential.

Strategic Project Portfolio​

The partnership, initially established on November 19, 2024, aims to identify joint hydropower and solar projects. The current portfolio includes several major projects:


The collaboration also aims to jointly develop 500 MW of solar PV projects in Bhutan.

Historical Context and Operations​

This strategic association has a deep history, beginning with the 126 MW Dagachhu Hydropower Project, which served as Bhutan's first public private hydropower partnership and was commissioned in 2008.

As of today, work has already commenced on the Khorlochhu (600 MW) and Dorjilung (1,125 MW) hydropower projects, which collectively account for approximately 35% of the committed portfolio.

About Tata Power Company Limited
Tata Power Company Limited, a part of the Tata Group, is a leading integrated power company with a diversified portfolio of 16.3 GW. The company has 7.5 GW of clean energy generation, constituting 46% of its total capacity. Tata Power is committed to achieving Net Zero by 2045.

About Druk Green Power Corporation Limited (DGPC)
DGPC, a subsidiary of Druk Holding and Investments Limited, is the sole generation Utility in Bhutan. DGPC has a current hydro capacity of 3,473 MW and is envisioned to achieve 15,000 MW of Hydro capacity and 5,000 MW of Solar Capacity within the next 10 years.

TATAPOWER Stock Price Movement​

As of 11:09 AM, shares of Tata Power Company Limited are slipping by 0.34%, currently trading at ₹437.75. The equity remains active on a high volume of 1.59 million shares, keeping within the intraday trading range established between ₹434.70 and ₹440.60.