Tata Power invests ₹60 crore in Bhutan hydro project, boosts green energy

Tata Power Company Limited has completed the second tranche of its strategic investment in Khorlochhu Hydro Power Limited (KHPL), acquiring a 40% equity stake for ₹60 crore. This investment, part of a larger ≈₹830 crore commitment, involves subscribing to 6,000,000 equity shares of ₹100 each. The acquisition aligns with Tata Power's clean and green energy transition, supporting the development of the 600 MW Khorlochhu Hydropower Project in Bhutan, with an estimated project cost of ≈₹6,900 crore.

KHPL is now an associate company of Tata Power, making it a related party transaction executed through a Share Purchase Agreement. The remaining tranches of the acquisition are expected to be completed over the next five years.

Additionally, Tata Power will attend multiple investor conferences in November 2025, including the UBS India Summit, Anand Rathi Annual Conference, Avendus Spark Annual Investor Conference, Citi India Infrastructure Tour, and Morgan Stanley Annual Asia Pacific Summit, engaging with institutional investors in Mumbai and Singapore.