India-based Reliance Group, has signed a strategic partnership with Bhutan’s Druk Holding and Investments Ltd. (DHI) to develop 1,270 MW of renewable energy projects, including a 500 MW solar power plant in Gelephu Mindfulness City and a 770 MW Chamkharchhu-1 hydroelectric project. The agreement, which represents the largest Indian foreign direct investment (FDI) in Bhutan’s green energy sector, aims to strengthen Bhutan’s renewable infrastructure and support its net-zero goals. The solar project will be completed in two phases of 250 MW each, while the hydropower project will enhance Bhutan’s current generation capacity of 2,452 MW.
Reliance to build 500 MW PV project in Bhutan
Reliance Group and Druk Holding to develop 1,270 MW of clean energy projects, including solar and hydropower. (Image Credit/Source: Gregroose/Pixabay)
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