According to the original MoU, the two have agreed to develop 4,500 MW HydroPower projects in Bhutan with the support of Royal Government of Bhutan and the Government of India.
Following an amendment to the MoU, a new 404 MW Nyera Amari I&II Integrated Hydropower Project has been identified and added to the existing list of projects. With this addition, the total hydropower capacity to be developed under the partnership increases from 4,500MW to 5,033 MW.
The revised MoU was formally signed by Dr. Praveer Sinha, CEO and Managing Director, Tata Power, and Chhewang Rinzin, Managing Director, DGPC.
“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,” said Dr.Praveer Sinha, CEO & Managing Director, Tata Power, in a release.
“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,” said Dasho Chhewang Rinzin, MD, DGPC.
“The projects will be developed with mutually agreed equity participation. Both companies will continue to evaluate and add new hydropower opportunities over time,” the release said.
