World Bank financing

The World Bank Group has approved long term financing for the 1,125 MW Dorjilung Hydropower Project in Bhutan. The project is being developed as a joint venture between Tata Power and Druk Green Power Corporation (DGPC) under a public private partnership model. The project is expected to generate more than 4,500 GWh of clean electricity each year. Around 80% of the power output is planned to be supplied to India. The approved financing package includes…