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The Economic Times
The Economic Times

JSW Neo, Bhutan's DGPC ink pact to jointly develop 920 MW Punatsangchhu-III project

New Delhi: JSW Energy on Wednesday said its arm JSW Neo has inked a pact with Bhutan's utility Druk Green Power Corporation to jointly develop the 920-MW Punatsangchhu-III hydroelectric project in Bhutan.

The project will be developed through a joint venture company in which Druk Green Power Corporation (DGPC) will hold a 51 per cent stake and JSW Neo Energy will hold 49 per cent, a company statement said.

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