Business EconomyPosted at: May 8 2026 1:37PM


Tata Power and DGPC sign amendment to MoU for expanding clean energy collaboration

New Delhi, May 8 (UNI) Tata Power, one of India’s largest integrated utilities, on Friday announced the signing of an amendment to its Memorandum of Understanding (MoU) with Druk Green Power Corporation (DGPC) to expand clean energy collaboration with Bhutan, a Tata Power statement said here.
As per the original MoU dated November 19, 2024, the Parties have decided to collaborate for the development of at least 4,500 MW Hydropower Projects in Bhutan,
Under the amendment, a new 404 MW Nyera Amari I & II Integrated Hydropower project has been identified and added to the existing project pipeline.
Now, the total identified hydropower capacity under this partnership increases to 5,033 MW from 4,500 MW earlier.
Basically, this is in line with Bhutan’s vision for the energy sector to take overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration.
Dr. Praveen Sinha, CEO and Managing Director of Tata Power, said, “This milestone of expanding our joint hydropower portfolio to over 5,000 MW with DGPC marks a significant step in strengthening our clean energy partnership in Bhutan. The addition of the Nyera Amari project reflects the scale, ambition, and long-term commitment of this collaboration.”
Sinha noted that this strategic partnership is not only pivotal for advancing Bhutan’s economic growth by unlocking its vast hydropower potential but also plays a critical role in enhancing regional energy security.
According to him, it also provides an opportunity for India, especially during peak summer months when demand continues to reach record highs, such partnerships ensure access to reliable, clean power.
The projects will be developed with mutually agreed equity participation and both companies will continue to evaluate and add new hydropower opportunities over time.
Dasho Chhewang Rinzin, MD, DGPC, said, “The expansion of our partnership with Tata Power to over 5000 MW hydropower portfolio marks a defining milestone in Bhutan’s clean energy journey. The inclusion of the 404 MW Nyera Amari I & II Integrated Hydropower Project, alongside key projects such as Khorlochhu (600 MW), Dorjilung (1,125 MW), Gongri Reservoir with Jeri Pumped Storage (2,540 MW), and Chamkharchhu IV (364 MW), reflects the scale and ambition of this collaboration.”
Rinzin noted that this partnership will play a pivotal role in unlocking Bhutan’s vast hydropower potential, supporting economic growth, and strengthening regional energy security, while reinforcing Bhutan’s position as a leading clean energy nation.
Earlier in 2024, with the support of the Royal Government of Bhutan and the Government of India, Tata Power and DGPC entered a strategic partnership with the intent to identify hydropower and solar projects for joint development in Bhutan.
The collaboration covers a portfolio of hydropower projects, including Khorlochhu (600 MW), Dorjilung (1,125 MW), Gongri Reservoir with Jeri Pumped Storage (2,540 MW combined), Chamkharchhu IV (364 MW), and now Nyera Amari I & II (404 MW), the statement said.
Tata Power and DGPC also aim to jointly develop 500 MW of solar PV projects in Bhutan.

Work has already commenced on the Khorlochhu (600 MW) and Dorjilung (1,125 MW) hydropower projects, together accounting for approximately 35% of the committed portfolio of 5 GW, the statement concluded.
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