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Adani Power and Bhutan’s DGPC Advance 770-MW Hydropower Project
Adani Power and Bhutan’s Druk Green Power Corporation have agreed to develop a large hydropower project.
It will be called the Chamkharchhu-I project and can produce 770 megawatts of electricity.
The project will be built beside the Chamkharchhu River in Bhutan.
Bhutan’s utility will own 51% of it, and Adani Power will own 49%.
Construction is expected to start in the first half of 2027.
The project is meant to help Bhutan get electricity during the winter, when it needs more power.
If there is extra electricity in summer, it can be sent to India.
The project is part of a wider hydropower partnership between the companies and Bhutan.
Adani Power and Bhutan’s Druk Green Power Corporation signed an agreement to develop the 770 MW Chamkharchhu-I Hydroelectric Project.
The project will be built on the Chamkharchhu River in Zhemgang district, central Bhutan.
Adani Power will hold a 49% stake, while DGPC will hold 51%; the project will follow the BOOT model.
Construction is expected to begin in the first half of 2027, with commissioning targeted within six years of groundbreaking.
The project is intended to support Bhutan’s peak winter electricity needs and allow surplus power exports to India in summer.
- Who
- Adani Power and Bhutan’s Druk Green Power Corporation (DGPC).
- What
- They signed an agreement to develop the 770 MW Chamkharchhu-I Hydroelectric Project.
- Where
- On the Chamkharchhu River in Zhemgang district, central Bhutan.
- When
- The agreement was announced on October 6, 2026; construction is expected to begin in the first half of 2027.
- Why
- To support Bhutan’s peak winter electricity needs and export surplus power to India during summer.
Key facts
- Project capacity
- 770 MW
- Adani Power ownership
- 49%
- DGPC ownership
- 51%
- Development model
- Build, Own, Operate and Transfer (BOOT)
- Concession
- 30 years from commercial operation
- Expected construction start
- First half of 2027
- Commissioning target
- Within six years of groundbreaking
- Power use
- Support Bhutan’s winter needs; export surplus power to India in summer
Quotes
Dasho Chhewang Rinzin
Managing Director of Druk Green Power Corp.
“This partnership marks another significant milestone in Bhutan's hydropower development journey and further strengthens the long-standing energy partnership between Bhutan and India. The 770 MW Chamkharchhu-I Hydropower Project will contribute to strengthening Bhutan's energy security, particularly during the winter months, while creating opportunities to optimise and export surplus clean energy to India.”
NDTV
“We look forward to working closely with Adani Power to realise this important project and to advancing further opportunities under the broader hydropower development partnership.”
NDTV
Anil Sardana
Managing Director of Adani Power
“We are delighted to strengthen our partnership with the Royal Government of Bhutan and DGPC through the Chamkharchhu Hydroelectric Project. Hydropower will play a pivotal role in accelerating South Asia's energy transition, and this project will contribute significantly to enhancing energy security, reducing carbon intensity, and advancing shared sustainability goals.”
thehindubusinessline.com
NDTV
Sources
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