Tata Power Company Limited has informed the Exchange regarding a press release dated January 23, 2026, titled World Bank Group Approves Long Term Financing for 1,125 MW Dorjilung Hydropower Project in Bhutan Co-Owned by Tata Power and DGPC .
TATAPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The World Bank Group has approved long-term financing for the 1,125 MW Dorjilung Hydropower Project located in Bhutan. The project is co-owned by Tata Power and DGPC (Druk Green Power Corporation). This is a significant milestone for the project as international institutional financing is a critical step toward execution. The 1,125 MW capacity makes it a large-scale hydropower asset in Tata Power's clean energy portfolio. The approval reduces funding uncertainty and supports the project's path to construction and commissioning.
Positive for Tata Power shareholders — secures a key funding milestone for a major overseas clean energy asset, strengthening the company's renewable energy pipeline and long-term growth visibility, though actual earnings impact will depend on project execution and commissioning timelines.