Mumbai, Jan. 24 -- The Board of Executive Directors of the World Bank has approved and sanctioned long-term financing for the 1,125 MW Dorjilung Hydropower Project (DHPL). DHPL is a Special Purpose Vehicle (SPV) jointly owned by Bhutan's Druk Green Power Corporation (60 percent) and Tata Power Company (Tata Power) (40 percent), India's largest private integrated power company. The Project will boost clean energy cooperation between India and Bhutan and strengthens regional energy security.

Published by HT Digital Content Services with permission from Capital Market....