Adani Power, DGPC sign pact for 770 MW Bhutan hydropower project
In short
Adani Power and Bhutan’s state utility DGPC signed a deal to build the 770 MW Chamkharchhu-I Hydroelectric Project. The summaries say the plan uses a 49:51 equity split and the BOOT model, with construction expected in the first half of 2027.
This matters because it adds to both companies’ power projects and Bhutan’s hydropower buildout. It is still not clear from the reporting whether financing, permits, or final construction steps are done.
What the reporting says
Adani Power and Bhutan state utility Druk Green Power Corporation signed an agreement to develop the 770 MW Chamkharchhu-I Hydroelectric Project in Bhutan. The publisher summaries say the project will use a 49:51 equity partnership under the BOOT model, with construction expected in the first half of 2027 and commissioning within six years. The reporting does not say whether financing, permits, or final construction milestones are complete.
Why it matters
The two companies signed a shareholders agreement for the 770 MW Chamkharchhu-I Hydroelectric Project in Bhutan, adding to their earlier hydropower cooperation. The summaries say the project will be developed under a 49:51 equity structure and the BOOT model, with work expected to start in the first half of 2027. The reporting does not state whether all approvals are in place or whether construction has started.