Tata Power Signs MoU with Druk Green Power for Skill Ecosystem to Support 5,000 MW Clean Energy in Bhutan

Written by: Team Angel OneUpdated on: 18 May 2026, 4:24 pm IST
Tata Power and Druk Green Power Corporation sign MoU to develop a skill ecosystem for 5,000 MW clean energy capacity in Bhutan.
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On May 18, 2026, Tata Power and Druk Green Power Corporation (DGPC) signed a Memorandum of Understanding (MoU) to establish a skill development ecosystem aimed at supporting the development of 5,000 MW clean energy capacity in Bhutan. 

Details of the MoU Signing 

The MoU was signed in Thimphu, Bhutan, with the presence of the Hon’ble Prime Minister of Bhutan, Lyonchhen Tshering Tobgay. Dr Praveer Sinha, CEO & Managing Director of Tata Power, and Dasho Chhewang Rinzin, Managing Director of DGPC, formalised the agreement. 

The initiative aims to create a future-ready workforce for the operation and maintenance of large-scale clean energy assets. 

Role of Tata Power Skill Development Institute 

The Tata Power Skill Development Institute (TPSDI) will deliver training programmes, leveraging its expertise in power sector skilling.  

Tata Power will provide technical expertise, training infrastructure, and courseware. DGPC will facilitate trainee mobilisation and secure necessary approvals from the Bhutanese government. 

Phased Implementation of Skill Development Initiatives 

The skill development initiatives will be implemented in phases: Phase 1 focuses on safety training, Phase 2 expands into technical skill development, and Phase 3 develops specialised capabilities for long-term operations. 

Read More: Tata Power Engages with 3 States for Nuclear Project Discussions; Feasibility Study Underway! 

About Tata Power and DGPC 

Tata Power, part of the Tata Group, has a diversified portfolio with over 26 GW capacity, including 17.5 GW of clean energy.  

DGPC, the sole power generation utility in Bhutan, aims to achieve 15,000 MW hydro capacity and 5,000 MW solar capacity in the next 10 years. 

Tata Power Share Price Performance 

As of May 18, 2026, at 10:27 AM, Tata Power share price on NSE was trading at ₹398.10 down by 2.19% from the previous closing price. 

Conclusion 

The MoU between Tata Power and DGPC signifies a collaborative effort to build a skilled workforce for Bhutan's clean energy sector, aligning with national priorities and supporting sustainable development. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 18, 2026, 10:50 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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