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EQUITY - MARKET SCREENER

Dar Credit & Capital Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
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INE04Q901010
72.7486691
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10
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Tata Power signs amendment to MoU with Druk Green Power Corporation
May 08,2026

The Tata Power Company (Tata Power) announced the signing of an amendment to its Memorandum of Understanding (MoU) with Druk Green Power Corporation (DGPC) to expand their clean energy collaboration in the Kingdom of Bhutan. 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.

As per the amendment, a new 404 MW Nyera Amari I & II Integrated Hydropower Project has been identified and added to the existing project pipeline. With this, the total identified hydropower capacity under the partnership increases to 5,033 MW from 4,500 MW earlier. This is in line with Bhutan's vision for its energy sector to take overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration.

This extension in strategic partnership signifies Tata Power's pre-eminence as the most preferred clean energy partner not only in India but also as a regional leader. It will help unleash Bhutan's great potential for hydropower and its important role in ensuring energy security in the region.