Business

Adani Group Signs Agreement For 570 MW Green Hydro Plant In Bhutan

Gautam Adani, Chairman of the Adani Group, announced a significant agreement with Bhutan on Sunday, marking a pivotal step in the region’s sustainable energy and infrastructure development.

The Adani Group has signed a Memorandum of Understanding (MoU) with Druk Green Power Corporation Limited (DGPC) for the establishment of a 570 MW green hydroelectric plant in Chukha province.

During his visit to Thimphu, Adani met with Bhutan’s King Jigme Khesar Namgyel Wangchuck and Prime Minister Dasho Tshering Tobgay to discuss the project and explore further collaborations.

Adani shared his enthusiasm on X, stating, “Absolutely fascinating meeting with Dasho Tshering Tobgay, Hon. Prime Minister of Bhutan. Signed an MoU with Druk Green Power Corporation Limited (DGPC) for a 570 MW green hydro plant in Chukha province.”

Adani praised Bhutan’s leadership, noting, “Admirable to see @PMBhutan advancing the vision of His Majesty The King and pursuing broad ranging infrastructure initiatives across the kingdom.”

The collaboration underscores the Adani Group’s commitment to contributing to Bhutan’s green energy landscape and broader infrastructure goals.

Meanwhile, the Adani Group plans to work closely on various hydro and infrastructure projects in Bhutan.

Gautam Adani expressed his admiration for Bhutan’s ambitious eco-friendly masterplan, particularly the Gelephu Mindfulness City project, which includes large computing centres and data facilities.

“Excited to collaborate on these transformative initiatives, as also on green energy management for a carbon negative nation,” he remarked.

This recent agreement follows a meeting in November last year when Adani first met with the King of Bhutan.

At that time, he expressed his eagerness to explore opportunities for the Adani Group to support green infrastructure development in Bhutan, highlighting the warmth and happiness of the Bhutanese people.

Also Read: Government Of India Reduces Windfall Tax On Crude Oil Amid Falling Global Prices

Mankrit Kaur

Recent Posts

PM Modi Encourages Indian Para-Athletes To Prepare For 2028 Los Angeles Paralympics

Indian para-athletes praised Prime Minister Narendra Modi for his encouragement and support during an interaction…

3 hours ago

Is Your Moisturiser Right For Your Skin Type? Here’s How To Choose

Which moisturiser suits your skin type? Discover the right ingredients, formulas and application tips for…

11 hours ago

Atlee Praises ‘Ramayana’, Says Film Will Take Indian Cinema To Global Stage

Atlee praises Namit Malhotra's 'Ramayana' for its grand vision, performances and cultural identity, expressing excitement…

11 hours ago

Why Does Asthma Get Worse At Night During Winter? Experts Explain

Why do asthma symptoms worsen at night during winter? Experts explain the triggers, warning signs…

11 hours ago

Delhi Police Head Constable Chanchal Traces 135 Missing People In One Year

Delhi Police Head Constable Chanchal traces 135 missing people, including 119 children and 16 adults,…

12 hours ago

Amit Shah To Launch 30 Projects Worth Rs 1,024 Crore In Gandhinagar

Amit Shah will inaugurate and lay foundation stones for 30 development projects worth Rs 1,024…

13 hours ago