Gautam Adani, Chairperson of the Adani Group, recently visited Bhutan and had a meaningful meeting with Prime Minister Tshering Tobgay. Adani expressed how honored he was to meet with the Bhutan leader and highlighted the start of a promising partnership in the energy sector between India and Bhutan.
A big step in this partnership was the signing of an agreement between Adani Power and Bhutan’s state-owned power company, Druk Green Power Corporation (DGPC). This deal will develop the 570 MW Wangchhu hydroelectric project in Bhutan, which aims to boost clean energy and regional cooperation.
Gautam Adani said, “It is a great honor to meet with Prime Minister Tobgay and to start what I see as an important partnership in Bhutan’s energy future.” Meanwhile, Prime Minister Tobgay shared on X (formerly Twitter) that he witnessed the signing of the Wangchhu hydropower project, calling it a milestone for Bhutan-India energy cooperation.
The agreement also includes a power purchase agreement (PPA) and a concession agreement, setting the stage for Adani Power and DGPC to move forward with building the hydroelectric plant. The project will use a BOOT (Build, Own, Operate, Transfer) model, meaning Adani will develop and operate the plant before transferring it to Bhutan later.
Investing around Rs 60 billion (about $730 million), the project will build a renewable energy source that will significantly boost Bhutan’s power supply. The detailed project report is already done, and construction is expected to start in the first half of 2026, with completion planned within five years.
Bhutan is working hard to become a high-income country within the next decade, and reliable, affordable renewable energy like hydropower and solar will play a key role in its economic growth. The country is also excited about the upcoming Gelephu Mindfulness City (GMC) project, a special urban development initiative spanning 2,500 square kilometers. This ambitious project, envisioned by Bhutan’s King Jigme Khesar Namgyel Wangchuck, aims to blend modern living with sustainability, mindfulness, and holistic wellbeing—creating a model city for both Bhutan and India.
This collaboration highlights a bright future for renewable energy in Bhutan and underscores strong India-Bhutan ties in sustainable development.
