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Adani Power and Druk Green Power to set up a 570MW hydro power project in Bhutan

The Wangchhu is the first hydroelectric project to be taken up under an MoU that was signed in May 2025 between the Adani Group and DGPC for jointly developing 5,000 MW of hydropower in Bhutan.

Dr.G.R.Balakrishnan Sep 06 2025 Marine News (Ocean and Offshore Energy)

Adani Power and Druk Green Power to set up a 570MW hydro power project in Bhutan

Adani Power, India’s largest private power producer, and Druk Green Power Corp. Ltd. (DGPC), Bhutan’s state-owned generation utility, today signed the Shareholders Agreement (SHA) for setting up a 570 MW Wangchhu hydroelectric project in the Himalayan Kingdom of Bhutan. An in-principle understanding on the Power Purchase Agreement (PPA) was also initialed. Most importantly, the developers also signed the Concession Agreement (CA) for the project with the Royal Government of Bhutan.

These Agreements, signed in the presence of the Hon’ble Prime Minister of Bhutan, Dasho Tshering Tobgay and Mr. Gautam Adani, Chairman, Adani Group, pave the way for Adani Power and DGPC to initiate the implementation of the peaking run-of-river Wangchhu hydroelectric project on a BOOT (Build, Own, Operate, Transfer) model.

The Wangchhu project will see an investment of about INR 60 billion in setting up the renewable energy power plant and related infrastructures. With the preparation of the detailed project report already completed, construction work is expected to begin by the first half of 2026, and the completion is targeted within five years of groundbreaking.

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