Friday, August 21, 2026
GlobeNewsInfo Logo
Home / Energy & Power / Ashoka Buildcon secures contract for solar power plant project in Bhutan

Ashoka Buildcon secures contract for solar power plant project in Bhutan

Published on
Ashoka Buildcon secures contract for solar power plant project in Bhutan
Image used for illustrative purposes only. GlobeNewsInfo / Visuals

Ashoka Buildcon has won a significant contract to engineer, supply, and construct a 120 MWp solar photovoltaic power plant in Bhutan. Valued at approximately USD 58.90 million, the infrastructure venture highlights regional cross-border collaboration in renewable energy development.

BHUTAN; INDIA —Ashoka Buildcon Limited has officially secured a major contract to handle the design, supply, installation, testing and commissioning of a 120 MWp solar photovoltaic power plant situated in Bhutan.

Headquartered in Nashik, India, Ashoka Buildcon Limited is a prominent engineering, procurement, and construction enterprise specializing in infrastructure development, including highways, power projects and bridges. The commission was awarded by Druk Green Power Corporation Limited (DGPC), an international entity overseeing hydropower and renewable energy generation within the Himalayan kingdom.

The execution of this initiative holds considerable weight for regional energy expansion and bilateral cooperation between neighboring South Asian economies. By scaling up utility-scale solar capacity, the endeavor supports long-term ecological sustainability objectives while diversifying the regional power mix away from heavy reliance on traditional hydropower alone. Stakeholders across the clean energy sector view cross-border green infrastructure assignments as vital precursors to broader regional grid harmonization.

For the broader engineering and utilities sectors, this project underscores the growing appetite for cross-border clean energy deployment across mountainous terrains, where logistical and environmental constraints demand specialized technical competence. Policymakers monitor such developments closely as benchmarks for international public procurement and sustainable infrastructure financing in emerging markets.

From an investment and market perspective, the multi-million-dollar undertaking provides long-term revenue visibility and reinforces the engineering firm's footprint in international markets. Industry observers note that successfully navigating a major overseas contract under a strict 18-month execution timeline validates technical competitiveness, potentially unlocking further pipeline opportunities in neighboring jurisdictions seeking rapid green transition pathways.

About GlobeNewsInfo

GlobeNewsInfo is a business news platform providing latest updates on global business developments, projects, and contract opportunities across diverse sectors and regions. The platform is designed to serve as a trusted source of information for companies, investors, and professionals worldwide.

More on Energy & Power

Latest Business News

Share this Article

Just In
55 minutes ago CleanMax and Neysa partner for 500 billion rupees clean energy complex in Andhra Pradesh 1 hour ago UBI increases stake in Star Union Dai-ichi Life Insurance with capital injection 3 hours ago Aeroflex Neu acquires majority stake in Aerolex Cables to scale AI infrastructure solutions 3 hours ago Welspun Corp restructures subsidiary stake to form joint venture with Perma-Pipe Qatar