Saturday, June 28, 2025
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Kholongchhu Hydropower Project construction expected to resume after 3-4 months

February 10, 2023
in Other Stories
Reading Time: 2 mins read
0
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

The construction of the 600-megawatt Kholongchhu Hydropower Project is expected to resume after three or four months. The Druk Green Power Corporation Limited will be carrying out the works as the corporation is now the 100 per cent shareholder of the company. The Kholongchhu project started as a Joint-Venture but the model was dropped last year as the project was not progressing well.

Initially, the project’s cost was estimated at about Nu 35 bn. However, according to the DGPC, the estimated budget has almost doubled due to cost escalation.

The corporation is approaching the Power Finance Corporation and the Rural Electrification Corporation of India for debt financing.

“We need about Nu 60 bn to get the project done. From there we need about Nu 45 bn as a loan and Nu 15 bn as our own equity injection. The most important thing will be to reach financial closure for debt financing, which will be Nu 45 bn. We have started to discuss with some banks in India, and the Government of India, as well as the government of Bhutan, is fully supporting us in trying to arrange this financing,” said Dasho Chhewang Rinzin, the Managing Director of Druk Green Power Corporation.

He added that the project is expected to be completed within five or six years after the work starts.

“I think having taken over the full decision-making process, I think it will definitely help us to benefit the people as well as to ensure that the project is completed on time,” said Dasho Chhewang Rinzin.

The project started as a joint venture between SJVN of India and DGPC in 2015.

During the joint venture model, only about seven per cent of the works including the construction of an approach road to the project site, bridges, power substations, site offices and transit camps, and distribution lines cost over Nu 4.5 bn.

Kinzang Lhadon

Edited by Tshering Zam

Previous Post

Pema Gatshel’s lone commercial oyster mushroom farmer faces marketing challenge

Next Post

Paro to have its own by-law to achieve zero waste

Next Post
Paro to have its own by-law to achieve zero waste

Paro to have its own by-law to achieve zero waste

Revised Election Rules to impose hefty penalty on individuals violating electoral laws

Revised Election Rules to impose hefty penalty on individuals violating electoral laws

Assamese women make a living from weaving gho and kira

Assamese women make a living from weaving gho and kira

Please login to join discussion

RECOMMENDED NEWS

Bhutan in AFC U-16 Championship 2020 Qualifiers, Qatar

6 years ago
1
Closure of the border boosts ice cream sales, Samtse

Closure of the border boosts ice cream sales, Samtse

5 years ago
2
Water-borne diseases on decline in Bumthang

Water-borne diseases on decline in Bumthang

10 years ago
2
No import of Eggs says Livestock Department

No import of Eggs says Livestock Department

3 years ago
11

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (439)
  • Announcement (179)
  • Audience Survey Report (1)
  • Business (759)
  • Crime/Legal (370)
  • Culture (48)
  • Development (57)
  • Disaster (57)
  • Economy (289)
  • Education (419)
  • Entertainment (16)
  • Environment (66)
  • Feature (65)
  • Featured (6)
  • Festival (81)
  • GMC (14)
  • Headlines (5)
  • Health (630)
  • Legal (53)
  • Literature (9)
  • Livestock (76)
  • Media (26)
  • Other Stories (5,687)
  • Politics (419)
  • RCSC (1)
  • Recent stories (6)
  • Religion (45)
  • Sci/Tech (712)
  • Social (548)
  • Sports (456)
  • Technology (191)
  • Tourism (22)
  • Uncategorized (13,868)
  • Video (141)
  • Video Story (257)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Lead exposure may be contributing to high anaemia levels among children in Bhutan
  • MoIT imposes moratorium on issuance of taxi driving licence
  • Book on temples and monasteries of Trongsa’s Drakteng wins Dzongkha Booker Prize
  • Shumar Cheden Tshephel Detshen becomes self-reliant with own milk processing unit
  • Fire risk from phones at fuel depot low but never non-existent

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Webmail
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.