Energy corridor boost: Tata Power to acquire 40% stake in Bhutan hydro SPV; project to supply 80% output to India

Tata Power will acquire a 40% stake in Bhutan's 1,125 MW Dorjilung Hydroelectric Power Project for approximately Rs 1,572 crore. This significant public-private partnership, set to be Bhutan's second-largest hydropower project, will supply 80% of its clean energy to India. The project, scheduled for commissioning in September 2031, aims to bolster both domestic energy needs and cross-border clean energy flows.