PTC India announced that it had entered into an agreement to supply 600 MW of power to Bhutan’s Druk Green Power Corporation Limited during the winter season.
PTC India stated that Bhutan, through Druk Green Power Corporation Limited has reached an agreement for the purchase of power from India’s power market to help meet its power needs during dry winter season.
Bhutan also signed an agreement with the settlement agency to settle grid operation-related charges. It said that Bhutan would now begin procuring 600 MW of power via PTC from India’s power market.
Rajib K Mishra is the CMD of PTC India Ltd. He stated that Bhutan, which has been exporting its hydro power to India over many years, must import electricity to meet its growing domestic energy needs during winter.
“Due to rising domestic demand, Bhutan needs power imports during dry winter season. This PPA (Power Purchase Agreement), will address these energy needs. Mishra stated that this agreement was a significant step towards PTC’s efforts to strengthen regional power markets for energy sustainability and security in South Asia.
