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.