Adani Power gains 2% after signing pact for 770-MW hydropower project in Bhutan
Adani Power shares gained 2% after the company signed a pact with Bhutan’s Druk Green Power Corporation to develop the 770-MW Chamkharchhu hydropower project. The ₹project will be developed through a 49:51 partnership, with construction expected to begin in the first half of 2027. The project is part of a broader 5,000-MW hydropower development programme.
Key Takeaways
- Adani Power shares gained 2% after the company signed a pact with Bhutan’s Druk Green Power Corporation to develop the 770-MW Chamkharchhu hydropower project.
- The ₹project will be developed through a 49:51 partnership, with construction expected to begin in the first half of 2027.
- The project is part of a broader 5,000-MW hydropower development programme.
Adani Power shares gained 2% after the company signed a pact with Bhutan’s Druk Green Power Corporation to develop the 770-MW Chamkharchhu hydropower project. The ₹project will be developed through a 49:51 partnership, with construction expected to begin in the first half of 2027. The project is part of a broader 5,000-MW hydropower development programme.
Original Publisher Attribution
This summary was curated from Economic Times.