Reliance Power Lines Up 1.5 GW Overseas Gas Plant, Bhutan JV
POWER & RENEWABLE ENERGY

Reliance Power Lines Up 1.5 GW Overseas Gas Plant, Bhutan JV

Reliance Power Ltd is pursuing a 1 500 MW gas fuelled power project abroad and has already entered several international tenders in Kuwait, the United Arab Emirates and Malaysia, where demand for gas based generation is strong.

The company has two ready to deploy 750 MW General Electric combined cycle modules, enabling delivery in far less time than the three to five year lead typically required for new equipment. A third module was earlier exported to Bangladesh for an LNG plant built with Japan’s JERA.

Reliance Power has begun global EPC tendering in line with competitive bidding norms and is negotiating long term finance with leading institutions to secure low cost funding. It plans to unlock up to Rs 20 billion through asset monetisation linked to the project.

In the Himalayan region, the group has partnered Druk Holding & Investments, the Bhutanese sovereign enterprise, to develop a 500 MW solar facility and a 770 MW hydro plant—the largest private Indian investment in Bhutan’s renewables sector to date.

Beyond gas and hydro, Reliance Power is building a clean energy pipeline comprising 2.5 GWp of utility scale solar capacity and more than 2.5 GWh of battery energy storage systems, underscoring its commitment to a greener portfolio.


Reliance Power Ltd is pursuing a 1 500 MW gas fuelled power project abroad and has already entered several international tenders in Kuwait, the United Arab Emirates and Malaysia, where demand for gas based generation is strong.The company has two ready to deploy 750 MW General Electric combined cycle modules, enabling delivery in far less time than the three to five year lead typically required for new equipment. A third module was earlier exported to Bangladesh for an LNG plant built with Japan’s JERA.Reliance Power has begun global EPC tendering in line with competitive bidding norms and is negotiating long term finance with leading institutions to secure low cost funding. It plans to unlock up to Rs 20 billion through asset monetisation linked to the project.In the Himalayan region, the group has partnered Druk Holding & Investments, the Bhutanese sovereign enterprise, to develop a 500 MW solar facility and a 770 MW hydro plant—the largest private Indian investment in Bhutan’s renewables sector to date.Beyond gas and hydro, Reliance Power is building a clean energy pipeline comprising 2.5 GWp of utility scale solar capacity and more than 2.5 GWh of battery energy storage systems, underscoring its commitment to a greener portfolio.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->