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Adani signs MoU for 5,000 MW hydro projects in Bhutan

Bhutan signs MoU with Adani for 5,000 MW hydropower development. ANI

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Gautam Adani-led Adani Group has signed an agreement with Druk Green Power Corporation (DGPC) of Bhutan to jointly develop hydropower projects totalling 5,000 MW capacity in the neighbouring country.

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The agreement was signed in Thimphu by DGPC’s MD and Adani Green Hydro Ltd’s COO (PSP & Hydro) in the presence of the PM Dasho Tshering Tobgay. This MoU builds on the ongoing partnership for the Wangchhu Hydropower Project, in which DGPC will hold a majority 51 per cent stake.

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