By Admin 
Adani power new project: Adani Power, the power sector company of Adani Group, and Druk Green Power Corp Limited (DGPC), a government company that generates electricity in Bhutan, has joined hands. Both have signed the shareholders agreement (SA) for the 570 MW Wangchhu Hydroelectric Project in Bhutan on Saturday. 6000 crore will be invested under this project. During this period, the Power Purchase Agreement (PPA) was also agreed and the developers also signed the concession agreement (CA) with the royal government of Bhutan for the project.
VIDEO | Adani Power and Bhutan’s Green Power Corp. Ltd. (DGPC), Bhutan’s State-Owned Signed The ShareHolders Agreement (Sha) For Setting Up A 570 MW Wangchhu Hydrolectric Project in the Himalayan Kingdom of Bhutan in the Presence of the primary ministers Dasho tshering… pic.twitter.com/n5gvarx6jv
– Press Trust of India (@Pti_News) September 6, 2025
Work will be done together on the project
The agreements were signed in the presence of Bhutan Prime Minister Dasho Shering Tobge and Adani Group Chairman Gautam Adani. Under this agreement, Adani Power and Druk Green Power Corp Limited (DGPC) will work on the Peking Run-Off-River Wangchhu Hydroelectric Project. This includes the work ranging from making it to operating and transferring power.
Adani Power and Druk Green Power Corp. Ltd. (DGPC) – Bhutan’s State -Owned Generation Utility, Signed The ShareHolders Agreement (Sha) For Setting Up A 570 MW Wangchhu Hydroelectric Project in the Himalayan Kingdom of Bhutan. An in-principle undersrstanding on the Power Purchase… pic.twitter.com/ibemznzyx
– ANI (@ani) September 6, 2025
A statement by the company said that in this regard, a power purchase agreement and a concession agreement were signed in the presence of Gautam Adani, the chairman of the Prime Minister of Bhutan, Dasho Shering Tobge and Adani Group Chairman. In the Wangchhu project, Rs 6000 crore will be invested for the development of the power plant and the infrastructure related to it. The work on the project is expected to start by the first half of 2026 and a target has been kept to complete it within five years.
India will also get clean energy
Adani Power CEO SB Khyalia said, Wangchhu Hydroelectric Project will meet high demand for electricity during winter in Bhutan as hydroelectric production is reduced during that time. Electricity will be exported to India from here during the summer season. Let us know that Vangchhu is the first hydroelectric project to be launched under a memorandum signed between Adani Group and DGPC for the joint development of 5,000 MW hydropower in Bhutan.
Let us know that in May, a big deal was signed between Bhutan and Adani Group. Under this, the two will jointly create 5,000 MW hydropower projects. This will strengthen the relationship between India and Bhutan. Also, the clean energy of Bhutan will also be boosted with this deal. This will increase energy security in Bhutan. At the same time, India will also benefit because DGPC has 51 percent in the Wangchhu Hydropower Project and the Adani Group has 49 percent stake. With the help of this project, the capacity of hydropower in Bhutan will increase and India will also be supplied clean energy.
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