Meanwhile, Tata Power CEO Praveer Sinha revealed that the company has invested a substantial Rs 6,900 crore in a neighboring country.

Tata Power, an Indian energy company, has started constructing the 600 MW Khorlochhu Hydropower Project in Bhutan, in partnership with Druk Green Power Corporation Ltd (DGPC). The project, valued at Rs 6,900 crore, is expected to be operational by September 2029. This partnership marks significant growth in Bhutan’s hydroelectric power production, with plans to create a 5,000 MW renewable energy portfolio in the country. Additionally, Tata Power aims to increase its operating capacity to 32 GW by 2030, with a focus on renewable energy sources, which currently account for 6.7 GW of its installed capacity. Plans include expanding transmission line capacity to 10,500 km and growing its customer base from 12.5 million to 40 million by 2030.