Bhutan and India sign agreement on four new hydropower projects
Apr 22, 2014
The Bhutanese and Indian governments signed an inter-governmental agreement on the construction of four new hydropower projects in the country. The Economic Affairs’ Secretary, Dasho Sonam Tshering, and the Ministry of Power’s Secretary, P.K. Sinha, signed the agreement in Thimphu, today.
The four projects; 600 MW Kholongchu, 570 MW Wangchhu, 770 MW Chamkharchhu and the 180 MW Bunakhachu, are a joint venture.
A public sector company from Bhutan and India will execute the work. From the Bhutanese side, the Druk Green Power Corporation will take up the venture.
The Economic Affairs Minister, Norbu Wangchuk, said the four joint venture projects together would put in place a capacity of more than 2,000 MW project. “This is about 20 percent of our 10,000 Megawatt initiative.”
Three more hydroelectric projects are scheduled to be commissioned by 2018. The cost of the projects, including the latter three, is expected to be about Nu. 94 BN.
The implementation of the 600 MW Kholongchhu hydroelectric project will be initiated shortly.
when will the kurigongri hydro project will come? … it has to be done early….as compare to other project …. as it has highest capacity to generate the energy ..
Initially, when PDP started campaigning about the loans we had, i was scared that PDP would not initiate any of the development activities. Now, i am glad that developments are coming up. But the question is, Is India give us for free, if yes congratulations. I am sure that our present government would never go for loans as indicated by themselves.