Adani Power and Bhutanese state-owned Druk Green Power Corporation (DGPC) announced on Tuesday have signed an agreement to develop the 770-megawatt Chamkharchhu-I Hydroelectric Project. The construction is anticipated to begin in the first half of 2027, with its commissioning set to begin within six years of groundbreaking.
The hydroelectric plant will be built under a 49:51 equity partnership between Adani Power and DGPC, following the Build, Own, Operate and Transfer (BOOT) model. It would also receive a 30-year concession from the date of commercial operation.