NEW DELHI: Tata Power Tuesday said it has commissioned 63 MW unit of hydro power at Dagachhu in Bhutan.
“This project is in line with Tata Power’s commitment to commission 120 MW of new hydro power project this year as part of the centenary year celebration theme of invisible goodness and is the first cross border project registered under UNFCCC’s Clean Development Mechanism (CDM),” company said in statement.
The Dagachhu project is a joint venture initiative between Tata Power and Druk Green Power Corporation, owned by Royal Government of Bhutan (RGoB)and National Pension and Provident Fund of Bhutan, it said.
With the commissioning of the project, Tata Power’s total hydro generation capacity today stands at 513 MW and overall capacity at 8684 MW, it said.
The Dagachhu Project is 126 MW (2X63 MW) run of river hydro project located in Dagana Dzongkhag.
Dagachhu Hydro Power Corporation (DHPC) has entered into a 25 year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL), a company of Tata Power) for sale of power from the project.
“Hydro power is an intrinsic part of our clean energy mix and we aim to develop new hydro project of yet another 450 MW this year. We are committed to reducing our carbon footprint through the generation of 20-25 per cent of our total capacity through clean and renewable energy sources,” CEO and Managing Director, Tata Power, Anil Sardana said.
The project is the first public-private partnership in infrastructure investment in Bhutan with participation from multiple Bhutanese and international stakeholders.