Overview
- Adani Power and Druk Green Power Corporation signed a Shareholders Agreement and a Concession Agreement and initialed an in‑principle Power Purchase Agreement for the Wangchhu project.
- The 570 MW plant will be implemented on a Build‑Own‑Operate‑Transfer model as a peaking run‑of‑river hydro scheme.
- Estimated investment totals about Rs 6,000 crore for generation facilities and related infrastructure.
- The signing took place in the presence of Bhutan Prime Minister Dasho Tshering Tobgay and Adani Group Chairman Gautam Adani, with Tobgay calling it a milestone in Bhutan–India clean energy cooperation.
- Developers say the plant will support Bhutan’s winter peak demand and export surplus power to India in summer, with the DPR complete and completion targeted within five years of groundbreaking.