In a promising development, Adani Power share price surged today, September 8, 2025, following news of a strategic joint venture with Bhutan’s Druk Green Power Corporation. Shares climbed between 5% to 6.5%, reaching highs around ₹640 to ₹650 a clear vote of confidence from investors.
The shareholders’ agreement aims to build the 570 MW Wangchhu hydropower project in Bhutan on a Build-Own-Operate-Transfer (BOOT) basis. This ₹6,000-crore investment not only strengthens Adani Power’s renewable energy credentials but also reinforces its international footprint.
Here’s a snapshot of the price movement today (NSE/BSE):
- Previous Close: ₹609.70
- Intraday High: ₹649.60
- Current Price Range: ₹637–₹640+
The stock gained around 5% intraday, marking one of the most active movements in the power sector. Investors responded positively to the announcement, as renewable energy ventures have been seen as long-term growth drivers.
This JV is part of a broader memorandum to develop 5,000 MW of hydropower in Bhutan, signaling long-term growth for Adani Power in the clean energy sector. Construction of the Wangchhu project is expected to begin in 2026, with completion targeted within five years.
Why This Matters
- Investors often reward companies expanding into renewables and cross-border partnerships.
- Hydropower projects improve energy security while adding diversified revenue streams.
- The sharp rise in Adani Power share price reflects optimism about the company’s future prospects.
Risk Disclaimer
This article is for informational purposes only and does not constitute financial advice. Stock prices are volatile,investors should conduct their own research or consult a licensed financial advisor before making investment decisions.
