Adani Group Chairman Gautam Adani met Bhutan Prime Minister Tshering Tobgay and signed a Memorandum of Understanding (MoU) with Druk Green Power Corporation for 570 MW of hydraulic power in Chukha province here. Besides, he praised Bhutan’s efforts to develop infrastructure under the vision of King Jigme Khesar Namgyel Wangchuck. Adani also expressed willingness to cooperate on hydropower and other projects in Bhutan.
It is admirable to see His Majesty taking forward the King’s vision and taking forward comprehensive infrastructure initiatives across the State,” in a post on
Adani also met King Jigme Khesar Namgyel Wangchuck of Bhutan and was inspired by the King’s vision for Bhutan and the eco-friendly master plan for the Gale Phu Mindfulness City.
Adani said, “I am excited to collaborate on this transformative initiative for carbon negative and green energy management!”
Let us tell you that Adani Group’s energy and power stocks have given great returns in the last one year. Adani Power has given a multibagger return of around 183% in the last one year. Whereas, Adani Green Energy has registered a surge of around 88 percent. However, Adani Energy Solutions managed to grow only 13.78% during this period.