Archive · 6 Oct 2026
Adani Power and Bhutan Sign 770 MW Hydropower Deal
Adani Power and Bhutan’s Druk Green Power Corporation have agreed to build a hydropower project called Chamkharchhu-I.
It is planned to produce 770 megawatts of electricity.
The project will be built on the Chamkharchhu River in central Bhutan.
Bhutan’s utility will own 51% of the project, and Adani Power will own 49%.
Construction is expected to start in the first half of 2027.
The project is meant to help Bhutan when it needs more electricity in winter.
In summer, extra electricity could be sent to India.
The project is part of a larger hydropower partnership between Bhutan and the Adani Group.
Adani Power and Bhutan’s Druk Green Power Corporation signed an agreement to develop the 770 MW Chamkharchhu-I Hydroelectric Project.
The project is planned for the Chamkharchhu River in Zhemgang district, central Bhutan.
Adani Power will hold a 49% stake and DGPC a 51% stake under a build, own, operate and transfer 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 help meet Bhutan’s winter electricity needs and enable surplus power exports to India in summer.
- Who
- Adani Power and Bhutan’s Druk Green Power Corporation (DGPC).
- What
- They signed a shareholders agreement to develop the 770 MW Chamkharchhu-I Hydroelectric Project.
- When
- The agreement was reported on October 6, 2026; construction is expected to start in the first half of 2027.
- Where
- On the Chamkharchhu River in Zhemgang district, central Bhutan.
- Why
- To strengthen Bhutan’s energy security, particularly in winter, and allow surplus electricity exports to India in summer.
- Project capacity
- 770 MW
- Ownership
- Adani Power: 49%; DGPC: 51%
- Development model
- Build, Own, Operate and Transfer (BOOT)
- Concession period
- 30 years from commercial operation
- Expected construction start
- First half of 2027
- Commissioning target
- Within six years of groundbreaking
- Wider partnership
- Part of a 5,000 MW hydropower development partnership; the related MoU was signed in May 2025
- Seasonal power plan
- Meet Bhutan’s peak winter needs and export surplus power to India in summer
