Punatsangchhu-III 920 MW Project: JSW Neo Energy and DGPC Pact
Why in the news
JSW Neo Energy and Bhutan’s DGPC agreed in August 2026 to build a hydropower plant on the Punatsangchhu river.
Key facts
- Partners: JSW Neo Energy and Druk Green Power Corporation (DGPC) of Bhutan.
- Project: 920 MW Punatsangchhu-III Hydroelectric Project, on the Punatsangchhu River in Bhutan.
- Equity: DGPC 51%, JSW Neo Energy 49%.
- Model: Build-Own-Operate-Transfer (BOOT).
- Milestone: JSW Neo Energy’s first generation venture abroad.
| Item | Detail |
|---|---|
| Capacity | 920 MW |
| River | Punatsangchhu, Bhutan |
| DGPC stake | 51% |
| JSW Neo Energy stake | 49% |
| Development model | BOOT |
Significance
The pact marks the company’s first power generation project outside India and ties it to a Bhutan hydropower scheme.
Exam angle
- Model: BOOT stands for Build-Own-Operate-Transfer.
- Majority partner: DGPC at 51%.
- Project: Punatsangchhu-III, 920 MW.
- Country of project: Bhutan.