India Power Corporation Limited to develop 70 MW solar project in Bhutan

India Power Corporation Limited to develop 70 MW solar project in Bhutan

India Power Corporation Limited (IPCL) on Friday said it has entered into a strategic partnership with Bhutan’s Green Energy Power Private Limited to develop a 70 MW solar power project in the neighbouring country’s Paro district.

The project is part of the West Bengal-headquartered power utility’s plan to add 1.5 GW of solar capacity in Bhutan over the next five years, the company said in a release.

Bhutan’s power demand is expected to more than double over the next two years, driven by projects such as the Gelephu Mindful City, expansion of energy-intensive industries, including ferrosilicon, and rising demand from digital infrastructure and crypto-mining activities, it said