Tata Power, DGPC Seal Pact For 1,125 MW Dorjilung Hydro Project

27 Nov 2025 CW Team

Tata Power Company has signed commercial agreements with Druk Green Power Corporation (DGPC) for the development of the 1,125 MW Dorjilung hydropower project. The project will be executed through a Special Purpose Vehicle (SPV), with DGPC holding 60 per cent equity and Tata Power holding the remaining 40 per cent.

The run-of-the-river project, featuring six units of 187.5 MW each, is located on the Kurichhu River in Mongar, Bhutan. Designed with six-hour pondage for peak generation, Dorjilung marks a substantial step in expanding clean and reliable hydropower in the region. Tata Power has committed an equity investment of about Rs 15.72 billion, to be infused in phases as per the agreed structure.

With a total estimated cost of Rs 131 billion, Dorjilung will become Bhutan’s second-largest hydropower project and the largest Public-Private Partnership (PPP) hydro venture ever undertaken in the country. Once completed, the SPV will be classified as an associate company of Tata Power, strengthening the company's strategic presence across the Himalayan renewable energy corridor.

Scheduled for commissioning in September 2031, the project will supply 80 per cent of its power to India, significantly enhancing regional energy security and clean-power availability. The initiative is supported by the World Bank, marking a key milestone in cross-border clean-energy financing.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..