How will Bhutan achieve its energy goals?

Bhutan plans to achieve this target through diversification in its energy portfolio beyond traditional hydropower, which would include solar and geothermal energy. This will extend to diversifying project structuring and financing through such strategic partnerships.

Will Reliance Enterprises develop a 500 MW solar power project in Bhutan?

In October 2024, Reliance Enterprises, jointly promoted by Reliance Power and Reliance Infrastructure, initiated a strategic partnership with DHI to develop solar and hydropower projects in Bhutan. As part of the agreement, the firms will jointly develop a 500 MW solar power project.

Is hydropower the key to Bhutan's economic growth?

Most of them are under study while 23 MW Sephu is under construction, 120 mw Jamjee is under the tender process along with the 8 MW solar rooftop. The 13th Five Year Plan document says as a strategic national resource and primary revenue generator, hydropower stands as a cornerstone of Bhutan’s economic growth.

What is a BOO project in Bhutan?

The project aims to diversify Bhutan’s renewable energy mix and boost regional clean energy collaboration under a BOO model. Reliance Power on Monday signed a long-term power purchase agreement (PPA) with Green Digital to jointly develop a 500 megawatt (MW) solar power plant in Bhutan.

How much hydro capacity does DGPC have in Bhutan?

DGPC has a portfolio of 2453 MW of Hydro capacity in Bhutan, a large percentage of which is being exported to India, especially during the monsoon months. DGPC is envisioned to achieve 5,500 MW Hydro capacity within the next 5 years timeline including investments & development of Small Hydro and solar Projects.

What is Bhutan's energy vision for 2040?

This is in keeping with Bhutan’s vision for its energy sector which is to take its overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration.