In a historic development for South Asia’s energy landscape, Tata Power, one of India’s leading integrated power companies, has signed a strategic agreement with Bhutan’s Druk Green Power Corporation (DGPC) to develop an impressive 5,000 MW of clean energy capacity. The partnership, formalised through a Memorandum of Understanding (MoU) in Thimphu, Bhutan, signifies a crucial […]
In a remarkable demonstration of growth and resilience, Tata Power, a major player in India’s energy sector, has reported its highest-ever quarterly profit of ₹1,533 crore for Q2FY25, marking a 51% year-on-year increase. The company also achieved an EBITDA of ₹3,808 crore, a 23% YoY growth, propelled by expanded solar manufacturing and favourable regulatory conditions. […]
Tata Power, one of India’s largest integrated power companies, has taken a bold step in the renewable energy sector by securing a 40% stake in Bhutan’s Khorlochhu Hydro Power Limited (KHPL) for an investment of ₹830 crore. This acquisition, ratified by Tata Power’s board in August 2024, is part of the company’s strategic push to […]
The European Investment Bank (EIB), known as the world’s largest multilateral bank and a leading financier of renewable energy projects, has made a landmark commitment by signing its first-ever investment in Bhutan. This €150 million loan agreement, aimed at enhancing renewable energy generation, marks a significant milestone in Bhutan’s efforts to maintain its status as […]
Post-pandemic, Indians are seeking new travel destinations, with Bhutan emerging as a popular choice. Witnessing a 25% growth in demand compared to last year, Thomas Cook (India) Limited and its Group Company, SOTC Travel, are tapping into this trend. They have announced an innovative initiative – exclusive charter flights to Paro, Bhutan, from Bengaluru, starting […]