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Recent Current Affairs related to India-Bhutan

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19 August 2026 AGREEMENTS

JSW Neo Energy Ltd (JSWNEL), a subsidiary of JSW Energy, has signed an agreement with the Druk Green Power Corporation Ltd (DGPC) of Bhutan to jointly develop the 920 Megawatt (MW) Punatsangchhu-III Hydroelectric Project.

The project is located on the Punatsangchhu River in the Wangdue Phodrang District of Bhutan.

The development will be executed through a Joint Venture (JV) company on a Build-Own-Operate-Transfer (BOOT) basis.

Under the agreement, DGPC will hold a 51% stake in the JV, while JSWNEL will hold the remaining 49% stake.

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