Bhutan s largest energy storage project company

Will Reliance Power build the largest solar power plant in Bhutan?

Reliance Power on Monday announced that it has signed an agreement with Green Digital Private Limited, a company owned by Bhutan’s government, to help build the country’s largest solar power plant. The project will generate 500 megawatts (MW) of electricity and marks a major step in boosting clean energy in the region.

Will Reliance Enterprises develop a 500 MW solar power project in Bhutan?

In October 2024, Reliance Enterprises, jointly promoted by Reliance Power and Reliance Infrastructure, initiated a strategic partnership with DHI to develop solar and hydropower projects in Bhutan. As part of the agreement, the firms will jointly develop a 500 MW solar power project.

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 hydro project?

The hydro project, a run-of-the-river plant, is structured under a long-term concession and is aligned with Bhutan’s national energy goals. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)

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.