Adani Power gains 2% after signing pact for 770-MW hydropower project in Bhutan
· Economic Times Markets, BS Companies, ET Stocks, NDTV Profit
Adani Power shares gained 2% after the company signed a pact with Bhutan’s Druk Green Power Corporation to develop the 770-MW Chamkharchhu hydropower project. The ₹project will be developed through a 49:51 partnership, with construction expected to begin in the first half of 2027. The project is part of a broader 5,000-MW hydropower development programme.
Market context
- Sector exposure: Power.
- The immediate tone of coverage reads positive.
In this story
Related coverage
India's wind power capacity may cross 250 Gw by 2035: Suzlon's Girish Tanti
ONGC, NTPC, BDL, BEL, IOC among 13 CPSE stocks to hit 52-week lows on Thurs
KP Energy locked at 5% upper circuit on 9-MW wind power project contract
NTPC arm to soon start commercial operations of 500 MWh BESS capacity: CEO
Adani Power shares crash over 6%, down for second consecutive session - What tech charts signal? Experts decode