Bhutan-India Collaboration Fuels Clean Energy with Kholongchhu Hydropower Project
Bhutan's Kholongchhu Hydro Power Ltd signed a significant loan agreement worth Rs 4,829 crore with India's Power Finance Corporation. The 600 MW project is a strategic partnership between Druk Green Power Corporation Ltd and Tata Power Company Ltd. The project aims to further Bhutan's clean energy ambitions.
- Country:
- India
Bhutan-based Kholongchhu Hydro Power Ltd has made a significant stride in clean energy development by signing a Rs 4,829 crore loan agreement with India's Power Finance Corporation (PFC).
The 600 MW Kholongchhu Hydropower Project, with a strategic partnership involving a 60-40 share between Druk Green Power Corporation Ltd and Tata Power Company Ltd, is set to be a landmark project for Bhutan.
Expected to be operational by 2029-2030, the project underscores growing clean energy cooperation between India and Bhutan, aiding Bhutan's winter energy needs and facilitating power exports to India in summer.
(With inputs from agencies.)
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