Ahmedabad, Oct. 6 -- Adani Power and Bhutan's state-owned Druk Green Power Corporation (DGPC) have signed an agreement to develop the 770 megawatts Chamkharchhu-I Hydroelectric Project, with construction expected to begin in the first half of 2027 and commissioning targeted within six years of groundbreaking.

The project will be developed under a 49:51 equity partnership between Adani Power and DGPC. It will follow the Build, Own, Operate and Transfer (BOOT) model and have a 30-year concession from the date of commercial operation.

The project, located on the Chamkharchhu River in Bhutan's Zhemgang District, is expected to strengthen the country's power generation capacity and support regional energy cooperation.

Adani Power Managing D...