Adani inks deal with Druk to set up 770 MW Chamkharchhu-1 Hydel Project in Bhutan

Mumbai, Oct 7 (UNI) Adani Power has officially announced that it has signed a Shareholders Agreement (SHA) with Bhutan's Druk Green Power Corporation Ltd (DGPC) to set up a 770 MW Chamkharchhu-1 Hydroelectric Project in Bhutan. According to an official statement, the deal signing ceremony was attended by Bhutan Prime Minister Lyonchen Dasho Tshering Tobgay, the Bhutanese Minister of Finance and the Minister for Energy & Natural Resources, along with representatives from Druk Holding & Investments Limited (DHI), Bhutan Power Corporation Limited (BPC), the DGPC board, DGPC Management, and officials from Adani Power. The project marks the second major hydropower…