Tata Power achieved successful commissioning of 2nd unit of 63 MW of its 126 MW Dagachhu Hydro Power Corporation (DHPC) in Bhutan. The project has achieved full commissioning and clean power generated by this plant will be sold to India, thereby helping to reduce carbon emission.
The Dagachhu project is a Joint Venture initiative between Tata Power (and Druk Green Power Corporation, owned by Royal Government of Bhutan (RGoB), and National Pension & Provident Fund of Bhutan. It is arun of river hydro project located in Dagana Dzongkhag, Bhutan.
DHPC has entered into a 25 year Power Purchase Agreement (PPA) with Tata Power Trading Company limited (TPTCl, a company of Tata Power) for sale of power from the project. The power generated from the project shall be sold by TPTCl in the Indian power market.
Speaking on the development, Anil Sardana, CEO and managing director, Tata Power, said, “It is indeed an honour to announce the successful commissioning of the 2nd unit of the Dagachhu hydro project in Bhutan, after the commissioning of the 1st unit few weeks ago. The power generated from this project will provide a much needed boost to the power market in India. With Tata Power’s centenary year’s celebrations, we had committed to 120 MW of Hydro Power this year and we have achieved the same. We now aim to develop another new project of another 450 MW in 2015.