DMR Engineering secures hydro consultancy order in Bhutan
Author: PPD Team Date: January 19, 2026
Author: PPD Team Date: January 19, 2026
DMR Engineering Limited has secured an international consultancy contract valued at Rs 4.60 crore for work on the Jongthang Hydropower Project in Bhutan. The contract has been awarded to the company in association with ERM India Private Limited.
In a regulatory filing submitted on January 16, 2026, DMR Engineering, formerly DMR Hydroengineering and Infrastructures Limited, informed the exchanges that the contract has been awarded by Druk Green Power Corporation Limited of Bhutan. The scope of work includes consultancy services for preparing a Detailed Project Report (DPR) and an Environmental and Social Impact Assessment (ESIA) for the hydropower project. The execution period is 12 months, and the contract value is Rs 4,60,30,455, inclusive of all applicable taxes.
The Jongthang project is a significant 237 MW initiative within Bhutan’s Renewable Energy Development Roadmap (REDR) 2024. Bhutan’s Energy Minister, Gem Tshering, announced in February 2024 that the project is targeted for commissioning by 2034, pending detailed feasibility studies and financing. The REDR focuses on closing the energy demand-supply gap, reducing import dependency, and strengthening long-term energy security with plans to add 15,000 MW of hydropower and 5,000 MW of solar capacity by 2040.
The featured photograph is for representation only.
Author: PPD Team Date: December 11, 2024 BP and Japanese power generator JERA have announced a joint venture to create one of the world’s largest offshore wind operators, reported Reuters. The 50-50 partnership, named JERA Nex bp, will combine their operating assets and projects, targeting a potential generation capacity of 13 GW. The partners plan to invest up to $5.8 billion in approved projects by 2030, with BP contributing $3.25 billion and JERA $2.55 billion. …
Author: PPD Team Date: December 4, 2024 Discoms in Delhi have petitioned the Delhi Electricity Regulatory Commission (DERC) for a cost-reflective tariff for the 2024-25 fiscal, citing a combined revenue gap of Rs 31.62 billion in 2022-23. Electricity rates in Delhi have not changed since 2014. The petitions revealed revenue requirements for 2022-23 of Rs 121.16 billion for BSES Rajdhani Power Limited (BRPL), Rs 61.41 billion for BSES Yamuna Power Limited (BYPL), and Rs 92.64…
Author: PPD Team Date: October 16, 2024 Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to cost $300 million and create 800 jobs during construction. The wind farm will…
Author: PPD Team Date: January 9, 2026 Waaree Renewable Technologies Limited has informed the stock exchanges of a revision to the capacity and value of a previously announced solar project. The disclosure was made through a regulatory filing dated 8 January 2026. The revision relates to a project award first disclosed on 9 September 2025. The company stated that it has received a Letter of Award for a revised project capacity of 704 MWac and…
Author: PPD Team Date: August 7, 2025 The Ministry of Power has circulated a revised draft notification specifying Renewable Consumption Obligation (RCO) requirements under the Energy Conservation Act, 2001. Issued on 5 August 2025, the draft is open for stakeholder feedback until 19 August. It replaces the previous version dated 20 October 2023. The RCO framework outlines annual minimum shares of electricity to be sourced from renewable energy by designated consumers. These include distribution licensees,…
Author: PPD Team Date: November 22, 2024 ACCIONA Energía has signed an agreement with Endesa for the sale of 100% of Corporación Acciona Hidráulica, S.L., for €1 billion (enterprise value). The debt-free transaction is expected to generate capital gains of €620 million, with completion anticipated in the first half of 2025, pending antitrust and foreign investment approvals. The portfolio includes 34 hydroelectric plants with a total installed capacity of 626 MW, located across Aragón, Navarra,…