Tata Power has invested ₹64 crore in Bhutan-based Khorlochhu Hydro Power Limited (KHPL) as part of its plan to acquire a 40% equity stake in the company. This investment represents the third tranche under a Share Purchase Agreement (SPA) signed in October 2024, through which Tata Power intends to acquire equity worth approximately ₹830 crore in one or more phases.
In a regulatory filing, Tata Power confirmed that it has subscribed to 64 lakh equity shares of ₹100 each in KHPL with this latest investment. The move strengthens Tata Power’s presence in cross-border hydropower development and aligns with its broader renewable energy growth strategy.
Tata Power is India’s largest integrated power company, with a diversified installed capacity of 15.9 GW, spanning thermal, solar, and wind assets.
In parallel, the Tata Group is exploring diversification into the nuclear energy segment, with plans to evaluate small modular reactor (SMR) projects of 20–50 MW, subject to legal amendments allowing private sector participation in nuclear power development in India.
This investment underscores Tata Power’s strategy to expand renewable energy footprint, explore cross-border opportunities, and position itself for future nuclear energy ventures.
