Adani Group and Bhutan’s DGPC Unite to Develop 5,000 MW Hydropower Projects

In a significant stride towards bolstering regional energy security and fostering clean energy collaboration, the Adani Group has entered into a Memorandum of Understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC). This partnership aims to jointly develop 5,000 MW of hydropower projects in Bhutan, marking a pivotal moment in Indo-Bhutanese energy relations.

Expanding on the Wangchhu Hydropower Project

This new MoU builds upon the ongoing collaboration between Adani Group and DGPC on the Wangchhu Hydropower Project, which is currently being developed with a capacity of either 570 MW or 900 MW, depending on the final project structure. DGPC holds a majority 51% stake, while Adani Group holds the remaining 49%. The broader 5,000 MW initiative will encompass additional hydropower and pumped storage projects, which will be identified, detailed project reports prepared, and implemented in phases.

Strategic Importance of the Partnership

This collaboration is not only a testament to the strong bilateral ties between India and Bhutan but also a strategic move to harness Bhutan’s vast hydropower potential. The projects are expected to contribute significantly to the region’s clean energy goals, providing sustainable and reliable power to both nations.

Commitment to Sustainable Development

Both Adani Group and DGPC are committed to ensuring that the development of these hydropower projects aligns with environmental sustainability and social responsibility. Comprehensive environmental impact assessments will be conducted, and measures will be implemented to mitigate any adverse effects on local ecosystems and communities.

Future Prospects and Regional Impact

The successful implementation of these projects is anticipated to have a profound impact on the regional energy landscape. By leveraging Bhutan’s hydropower resources, the partnership aims to meet the growing energy demands of the region, reduce carbon emissions, and promote economic development through job creation and infrastructure enhancement.

The alliance between Adani Group and DGPC signifies a forward-thinking approach to energy collaboration, emphasizing sustainability, mutual benefit, and regional integration. As the projects progress, they are poised to set a benchmark for cross-border energy partnerships, contributing to a greener and more energy-secure future for the region.