Reliance Power Inks 500 MW Solar Deal in Bhutan with Green Digital

Bhutan’s Green Digital Pvt.Ltd has partnered with Reliance Power over a long-term power purchase agreement. Green Digital Pvt Ltd is the subsidiary of Druk Holding and investmetns Ltd (DHI). This has become a major milestone in clean energy cooperation between India and Bhutan. Through this deal Bhutan’s largest solar power project will be seeing effective development. This solar project is known to a 500 MW plant under a 50:50 joint venture between Reliance Power and DHI.

The partnership has planned for an investment of up to ₹2,000 crore, the project will follow a Build-Own-Operate (BOO) model and is expected to surpass Bhutan’s current solar capacity. Through this project, the cooperation is aiming to diversify the country's renewable energy portfolio, which is currently dominated by hydropower.

Reliance Power has launched the Engineering, Procurement, and Construction (EPC) tendering process through international competitive bidding to ensure quality and efficiency. Furthermore, the company is working with financial institutions to secure long-tenor, sustainable project financing. The solar project will be developed in phased tranches over the next 24 months.

This international initiative aligns with Bhutan’s sustainability goals and supports South Asia’s broader clean energy transition. It is seen as a sustainable step taken forward in regional infrastructure cooperation and energy integration.

The agreement follows a strategic partnership formed in October 2024 between Reliance Enterprises—a collaboration between Reliance Power and Reliance Infrastructure—and DHI to develop solar and hydro projects in Bhutan. This includes the 770 MW Chamkharchhu-I hydroelectric project, further reinforcing Bhutan’s long-term energy roadmap.

The collaboration reflects a shared commitment to sustainable development and regional energy security.