Adani signs MoU for 5,000 MW hydro projects in Bhutan – The Tribune-OxBig News Network

Gautam Adani-led Adani Group has signed an agreement with Druk Green Power Corporation (DGPC) of Bhutan to jointly develop hydropower projects totalling 5,000 MW capacity in the neighbouring country.

The agreement was signed in Thimphu by DGPC’s MD and Adani Green Hydro Ltd’s COO (PSP & Hydro) in the presence of the PM Dasho Tshering Tobgay. This MoU builds on the ongoing partnership for the Wangchhu Hydropower Project, in which DGPC will hold a majority 51 per cent stake.