PTC India on August 19 said that it has signed an agreement with Bhutan’s Druk Green Power Corporation for buying surplus power from the 720 MW Mangdechhu hydro-power plant in Bhutan for the next 35 years.
The government has designated PTC as the nodal agency from Indian side to purchase surplus power from Bhutan, a company statement said. The power purchase agreement was signed on Saturday, it said. Prime Minister Narendra Modi inaugurated the Mangdechhu power plant on August 17, 2019, in the presence of his Bhutanese counterpart.
“With the commissioning and starting of supply from Mangdechhu, the PTC will be managing around 2,130 MW of hydro capacity from Bhutan,” PTC India Chairman and Managing Director Deepak Amitabh said. Read More