Reliance Group's Renewable Energy Push in Bhutan
| Category | Details |
|---|---|
| Why in the news? | Reliance Group is entering Bhutan's renewable energy sector with plans to develop 1,270 MW of solar and hydroelectric power projects. |
| Partnership | Collaboration with Druk Holding and Investments Ltd (DHI), the commercial arm of the Bhutanese government. |
| Total Project Capacity | 1,270 MW (500 MW solar and 770 MW hydroelectric). |
| Primary Goal | Strengthen Bhutan's renewable energy infrastructure and align with the country's net-zero goals. |
| Solar Power Project | * 500 MW solar power plant in Gelephu Mindfulness City. * Divided into two phases of 250 MW each. * Largest solar project in Bhutan. * Site assessments and technical studies underway. |
| Hydroelectric Project | * 770 MW Chamkharchhu-1 hydroelectric project. * Run-of-the-river project following Bhutan's concession model. * Will increase Bhutan's total installed power generation capacity, currently at 2,452 MW. |
| Additional Initiatives | Setting up smart distribution and metering systems across Bhutan. |
| Key Remarks | * Ujjwal Deep Dahal, CEO of DHI: Excited about the partnership, combining strengths in green energy to benefit India and Bhutan. * Reliance Group: Commitment to Bhutan's renewable energy sector and alignment with Bhutan's Gross National Happiness Index. |
| Agreement Signatories | * Harmanjit Singh Nagi, President of Corporate Development, Reliance Power Ltd. * Ujjwal Deep Dahal, CEO, Druk Holding and Investments. |