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Adani Group and Bhutan's DGPC Sign MoU to Jointly Develop 5,000 MW Hydropower Projects in Bhutan .

Economy Business | Dated: 15 May 2025

In May 2025, Ahmedabad (Gujarat)-based Adani Group and Thimphu (Bhutan)-based Druk Green Power Corporation Limited (DGPC) signed a Memorandum of Understanding (MoU) to jointly develop 5,000 Megawatt (MW) of hydropower projects in Bhutan.

🎯 Key Highlights:

  • - The MoU was signed by Dasho Chhewang Rinzin, Managing Director (MD) of DGPC, and Naresh Telgu, Chief Operating Officer (COO) of Adani Green Hydro (Pumped Storage Projects & Hydro), in the presence of Dasho Tshering Tobgay, Prime Minister (PM) of Bhutan, and Lyonpo Gem Tshering, Minister for Energy and Natural Resources, in Thimphu, Bhutan.

💡 Other Important Facts:

  • (i) The 5,000 MW hydropower initiative will comprise hydropower and pumped storage projects, which will be identified, studied through Detailed Project Reports (DPRs), and implemented in phases.
  • (ii) This initiative builds upon the existing partnership between DGPC and Adani for the Wangchhu Hydropower Project, which has a proposed capacity of 570 MW (expandable to 900 MW). In this project, DGPC holds a majority stake of 51%, while Adani holds 49%.
  • (iii) The MoU aligns with Bhutan's Renewable Energy (RE) Roadmap, which targets the addition of 20,000 MW of RE capacity by 2040.

📚 Test Your Knowledge:

Which Indian group has recently signed an MoU with Bhutan's DGPC to jointly develop 5,000 MW hydropower projects in Bhutan?

Correct Answer: Adani Group

🚀 Quick Recap: