Current Affairs - Business - Discussion

JSW Energy signed a Shareholders’ Agreement with Bhutan’s Druk Green Power Corporation (DGPC) on August 17, 2026, for the joint development of the 920 MW Punatsangchhu-III Hydroelectric Project. The project is located in Wangdue Phodrang District of Bhutan and will utilise the country’s Himalayan river systems to generate clean hydropower. DGPC will hold a 51% equity stake, while JSW Neo Energy, a subsidiary of JSW Energy, will hold 49%. This project is particularly significant because it marks JSW Energy’s first power generation venture outside India and supports Bhutan’s continued expansion of renewable energy.