The construction work of the Rs 6,900 crore Khorlochhu Hydropower Project in Bhutan has begun, and the plant is likely to be commissioned by 2029.
The 600 MW project is being developed on the Kholongchhu River in the eastern part of the neighbouring nation. In August, Tata Power and Bhutan-based Druk Green Power Corporation (DGPC) has partnered to develop the hydropower project at an estimated cost of Rs 6,900 crore. Later in November, Tata Power announced a strategic partnership with DGPC to develop a portfolio of 5,000 MW of clean energy capacity in the Himalayan nation.
The partnership involves a 40 percent equity investment by Tata Power in Khorlochhu Hydro Power, as a public-private partnership company.
As part of the partnership, another project of 1,125 MW will be set up in Bhutan. The pre-construction work of Dorjilung hydroelectric project (HEP) will start in January 2025, and the project is expected to be commissioned by mid-2031.