Tata Power, DGPC Sign Pact For 1,125 MW Bhutan Hydro Project

24 Nov 2025 CW Team

Tata Power Company Ltd. has signed commercial agreements with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) for the implementation of the 1,125 MW Dorjilung hydropower project.

The project will be executed through a Special Purpose Vehicle (SPV) in which DGPC will hold 60 per cent equity and Tata Power 40 per cent. The Run-of-the-River scheme consists of six units of 187.5 MW each and is being developed on the Kurichhu River in Bhutan’s Mongar district.

Designed with six hours of pondage for peaking operations, Dorjilung marks a significant expansion of clean and dependable hydropower capacity in the region, Tata Power said.

Tata Power has committed an equity investment of about Rs 15.72 billion, to be infused in stages under the agreed structure. With a total project cost of Rs 131 billion, Dorjilung will become Bhutan’s second-largest hydropower development and the biggest hydro project under a Public–Private Partnership model in the country.

Once complete, the SPV will be classified as an associate company of Tata Power, strengthening the firm’s position in the Himalayan renewable energy corridor. The project is expected to be commissioned in September 2031, with 80 per cent of its power generation allocated to India, significantly improving regional clean-energy availability and energy security. The World Bank is supporting the project, marking a landmark in cross-border clean-energy financing.

Praveer Sinha, CEO and Managing Director of Tata Power, said the Dorjilung project highlights the company’s commitment to expanding clean energy across the region. He added that Bhutan’s largest hydro PPP will support the nation’s domestic energy ambitions while enabling the export of surplus clean power to India, reinforcing regional energy stability.

Infrastructure Urban

30 May 2026

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..

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..

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..