Reliance Group to Develop Renewable Energy in Bhutan
Reliance Group to Develop Renewable Energy in Bhutan
Reliance Group to Develop Renewable Energy in Bhutan
News summary

Anil Ambani's Reliance Group has partnered with Bhutan's Druk Holding and Investments (DHI) to develop significant solar and hydropower projects in Bhutan. The collaboration involves setting up a new entity, Reliance Enterprises, which will focus on green energy investments, including a 500 MW solar project and the 770 MW Chamkharchhu-1 hydropower project. This initiative marks the largest foreign direct investment in Bhutan's renewable energy sector by a private company. The projects support Bhutan's net-zero emissions goals and align with its Gross National Happiness Index. The solar project will be executed in two phases in Gelephu Mindfulness City, while the hydropower project will follow a run-of-the-river model. Reliance Group aims to enhance sustainable energy solutions and smart distribution and metering systems through this partnership.

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