Thimphu, Jan. 4 -- Adani Group has commenced the 570 MW Wangchhu Hydro Electricity Project in Bhutan, which was initially announced in early September 2025. The foundation stone for the hydro power project was launched in the presence of Bhutan's Prime Minister Tshering Tobgay and Adani Group Chairman Gautam Adani.

Druk Green Power Corporation (DGPC) of Bhutan will hold a majority 51 per cent stake, and Adani Group will have 49 per cent.

In May 2025, the Adani Group and the Druk Green Power Corporation (DGPC) of Bhutan signed separate landmark Memoranda of Understanding (MoUs) to develop 5,000 MW of hydropower projects in Bhutan jointly.

"In a significant step for our energy partnership, we advanced key milestones by signing an MoU for...