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Bhutan's Giant Hydropower Project Powers India
23 Jan
Summary
- World Bank finances Bhutan's 1,125 MW Dorjilung Hydropower Project.
- Project co-owned by Tata Power and Bhutan's Druk Green Power.
- 80% of clean energy to be supplied to India.
The World Bank Group has approved substantial long-term financing for Bhutan's 1,125 MW Dorjilung Hydropower Project, a landmark development in clean energy cooperation. Co-owned by Tata Power and Bhutan's Druk Green Power Corporation (DGPC), the project is set to become Bhutan's largest hydropower initiative developed through a public-private partnership.
This venture, managed by Dorjilung Hydropower Ltd (DHPL), will see approximately 80% of its generated clean electricity supplied to India. Tata Power Trading Company will handle the import and distribution within India. The financing package includes grants, credits, and loans from various World Bank entities, alongside market borrowings, totaling the project's estimated cost of ₹13,100 crore.
Expected to significantly boost Bhutan's installed power capacity by nearly 40%, Dorjilung will strengthen the nation's role as a clean energy exporter. The project is also anticipated to create considerable employment opportunities and stimulate local entrepreneurship and community development in the Mongar and Lhuentse districts.
