February 16, 2026

SPV

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Energy corridor boost: Tata Power to acquire 40% stake in Bhutan hydro SPV; project to supply 80% output to India

contact@dailyupdatesindia.com02 mins

Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40 per cent stake in a special purpose vehicle (SPV) to develop the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the company said on Friday. The equity commitment is valued at approximately Rs 1,572 crore and will be infused in…

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Clean energy push: Tata Power to buy 40% stake for Rs 1,572 crore in Bhutan hydro SPV; move to boost regional green footprint

contact@dailyupdatesindia.com01 mins

Tata Power on Tuesday announced plans to invest Rs 1,572 crore to acquire a 40 per cent equity stake in a special purpose vehicle (SPV) that will develop the 1,125 MW Dorjilung hydropower project in Bhutan, marking a key step in its green energy expansion strategy, PTI reported.According to a regulatory filing, the acquisition-to be…

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