New Delhi, 20 December 2022: Bhutan, through Druk Green Power Corporation Limited, has entered into an agreement with PTC India Ltd, for the purchase of power from the Indian Power Market in order to meet its power requirement during the dry winter season. Designated Authority (DA) for cross-border power trading has accorded an approval for import of power by Bhutan. Further, Bhutan has also executed the agreement with the Settlement Nodal Agency for settlement of grid operation-related charges. With all requisite approvals, Bhutan will now start procuring up to 600 MW of power, through PTC, from the Indian Power Market.
Commenting on the above development, Dr. Rajib K Mishra, CMD (addl. Charge), PTC India Ltd., said “Over the years, Bhutan has been exporting hydro power to India. The increasing domestic demand in Bhutan now requires power imports during the dry winter season. This PPA will help address such energy requirements. This agreement is a step forward towards PTC’s endeavor to strengthen the regional power markets for energy security and sustainability in South Asia.”
