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Tata Power said it has commissioned unit I of 63 MW of the 126-MW Dagachhu Hydro Power Corporation (DHPC) project in Bhutan.
The Dagachhu project is a joint venture between Tata Power, Druk Green Power Corporation (owned by Royal Government of Bhutan) and the National Pension & Provident Fund of Bhutan.
DHPC has a 25-year power purchase agreement (PPA) with Tata Power Trading Company Ltd (TPTCL, a company of Tata Power) for sale of power from the project. The power generated from the project will be sold by TPTCL in the Indian power market.
Anil Sardana, CEO and Managing Director, Tata Power, said, “Hydro power is an intrinsic part of our clean energy mix and we aim to develop new hydro projects of yet another 450 MW this year.''
With the commissioning of the project, Tata Power’s total hydro generation capacity stands at 513 MW and overall capacity at 8,684 MW.
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