Reliance Power signs PPA with Green Digital, Bhutan
India, May 19 -- Reliance Power has signed commercial term sheet for long-term Power Purchase Agreement (PPA) with Green Digital (GDL), owned by Druk Holding and Investments (DHI), the investment arm of the Royal Government of Bhutan. This groundbreaking initiative is expected to play a pivotal role in advancing regional clean energy integration, and enhancing cross-border infrastructure collaboration across South Asia.Reliance Power and DHI will jointly develop Bhutan's largest solar power project through a 50:50 venture, with an installed capacity of 500 MW. The project entails a capital outlay of up to Rs 2,000 crore under Build-Own-Operate (BOO) model, representing the largest private sector foreign direct investment (FDI) in Bhutan's s...
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