UP Power Corp Receives Approval to Import Electricity from Tata Power-DGPC Project in Bhutan
Uttar Pradesh Power Corporation Secures UPERC Approval for Power Sourcing from Bhutan
The Uttar Pradesh Power Corporation has received approval from the Uttar Pradesh Electricity Regulatory Commission (UPERC) to source electricity from the 511-MW hydro project of Khorluchu Hydro Power in Bhutan. This move is part of the state's efforts to strengthen its regional energy supplies.
The Khorluchu Hydro Power project is a joint venture between Tata Power and Druk Green Power Corporation. Uttar Pradesh Power Corporation Ltd (UPPCL) had approached the UPERC to seek approval to source power from the Khorluchu Hydro Power Ltd (KHPL) project at a flat tariff of Rs 6.75 per unit for a period of 30 years. The UPERC has granted its approval to the request through its order dated May 27.
A power sale agreement is expected to be signed between KHPL and UPPCL in due course. The Khorluchu Hydro Power project, a strategic joint venture between Druk Green Power Corporation (60 per cent) and Tata Power (40 per cent), aims to develop 1,125 MW of hydro project in Bhutan with an estimated cost of approximately Rs 6,900 crore by 2029-2030.
Read also: LinkedIn Co-founder Reid Hoffman to Depart Microsoft's Board
The power supply from Bhutan is expected to help in strengthening regional energy security, drive India's clean energy transition, and meet Uttar Pradesh's peaking power requirements during the May to October period.
Comparison of Tata Power's Portfolio
| Type of Power Generation | Capacity (GW) |
|---|---|
| Clean and Green Energy | 17.5 |
| Thermal Generation | 8.9 |
| Total Operational and Pipeline Capacity | 26 |
Tata Power Company has a diversified portfolio across the entire power value chain, with a total operational and pipeline capacity surpassing 26 GW. This includes approximately 17.5 GW of clean and green energy capacity (including projects under construction) and around 8.9 GW of thermal generation capacity, ensuring a balanced and resilient energy mix. The company also has a strong transmission and distribution footprint, with over 7,400 circuit kilometres of transmission lines, including pipeline projects, and serves nearly 13 million customers across its distribution businesses, making it one of India's largest private power distribution companies.
Read also: The Evolution of Global Markets: Adapting to a New Economic Landscape
More in Economy
LinkedIn Co-founder Reid Hoffman to Depart Microsoft's Board
The Evolution of Global Markets: Adapting to a New Economic Landscape
Government Extends Tenure of Reserve Bank of India Deputy Governor Swaminathan Junankar for Two Years
