Bhutan wins energy storage bid

Who is developing a 500 MW solar project in Bhutan?

Another 500 MW of solar projects will be developed by Tata Power Renewable Energy Ltd., a subsidiary of Tata Power, it said. This partnership aligns with Bhutan's vision for its energy sector, which aims to increase its overall generation capacity to 25,000 MW by 2040, ensuring energy security and promoting regional energy integration.

What is Tata Power doing in Bhutan?

Tata Power has joined forces with Druk Green Power Corp. to develop 5,000 MW of clean energy capacity in Bhutan. This includes large-scale hydropower and solar projects aimed at supporting Bhutan’s energy goals and regional integration.

How will Bhutan achieve its energy goals?

Bhutan plans to achieve this target through diversification in its energy portfolio beyond traditional hydropower, which would include solar and geothermal energy. This will extend to diversifying project structuring and financing through such strategic partnerships.

Why should Bhutan invest in hydropower?

Largely driven by hydropower—a vital part of Bhutan’s economy, capitalizing on this national asset will ensure that its growing power demands are met while also ensuring economic benefits including green job creation and infrastructure development.

What is Bhutan's energy vision for 2040?

This is in keeping with Bhutan’s vision for its energy sector which is to take its overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration.

How much hydro capacity does DGPC have in Bhutan?

DGPC has a portfolio of 2453 MW of Hydro capacity in Bhutan, a large percentage of which is being exported to India, especially during the monsoon months. DGPC is envisioned to achieve 5,500 MW Hydro capacity within the next 5 years timeline including investments & development of Small Hydro and solar Projects.