Tata Power invests Rs 60 crore in 2nd tranche for KHPL hydropower stake
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Tata Power invested Rs 60 crore as the second tranche toward acquiring 40 percent stake in Khorlochhu Hydro Power Limited (KHPL), a Bhutan-based entity developing a 600 MW hydropower project. Total investment is around Rs 830 crore, with remaining tranches spread over five years. The project costs about Rs 6,900 crore and aligns with Tata Power's clean energy transition. KHPL is now an associate company. No Indian regulatory approvals are required.
Strengthens Tata Powers clean energy portfolio with a 600 MW hydropower asset in Bhutan, supporting its green energy transition strategy.