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NewsProjects & TendersAshoka Buildcon Secures USD 58.9 Million Contract For 120 MWp Solar Project...

Ashoka Buildcon Secures USD 58.9 Million Contract For 120 MWp Solar Project In Bhutan

Ashoka Buildcon Limited has secured an international solar power project in Bhutan after receiving a Letter of Acceptance from Druk Green Power Corporation Limited for the development of a 120 MWp solar photovoltaic power plant at Wobthang. The project represents a significant step in the company’s expansion into international renewable energy infrastructure and strengthens regional cooperation in clean energy development.

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The contract covers the design, supply, installation, testing, and commissioning of the proposed 120 MWp solar power plant. The project has been awarded under the design-build model through an international competitive bidding process, reflecting the participation of companies in a competitive global procurement framework.

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The total contract value is approximately USD 58.9 million. Under the agreed terms, Ashoka Buildcon will be responsible for executing the project within 18 months from the official commencement date. The contract also includes a defect liability period of 24 months following the completion of the project, during which the company will remain responsible for addressing defects in accordance with the contractual requirements.

The Wobthang solar project is expected to contribute to Bhutan’s renewable energy infrastructure by adding substantial solar generation capacity to its existing clean energy portfolio. The development also highlights the growing importance of solar power in diversifying electricity generation sources and supporting long-term energy security.

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Bhutan has traditionally relied heavily on hydropower for electricity generation. The addition of large-scale solar capacity can support greater diversification of its renewable energy mix and help strengthen electricity supply, particularly by complementing hydropower generation.

For Ashoka Buildcon, the contract provides an opportunity to demonstrate its engineering, procurement, and construction capabilities in an international renewable energy market. It also reflects the growing opportunities for Indian infrastructure companies to participate in clean energy projects across neighbouring countries.

The project further strengthens India-Bhutan cooperation in renewable energy development and regional clean energy infrastructure.


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