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

Deadline extension could cost the government time and money

July 29, 2015
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Rescheduling of PHPA-1 to cost government Nu 16 BThe government could lose a revenue amount of more than Ngultrum 47.7 billion as a result of extension of completion date of the Punatshangchhu I hydropower project to 2019.

Besides, it could also push the project’s price of electricity as more interests get accumulated during construction. An increase in interest liability would mean higher debt obligation and higher cost of construction.

Since electricity price is computed on cost plus model, it would increase the price of electricity.

The extension of the completion period will also affect government’s planned activity and projects. A senior government official requesting anonymity said it could affect government’s revenue stream since most of the planned projects are based on Punatshangchhu’s revenue stream.

The new extension deadline would mean the project would only be complete during the next government’s tenure.

This would mean, the present government’s revenue would be restricted and the government would have to mobilize its resources from other sources.

Managing director of Punatshangchhu, RN Khazanchi said, revenue forgone as a result of deadline extension cannot be considered as revenue loss to the government.

The plant would operate for 35 years and even if the project is completed three years later, it would earn the government the same amount of revenue, only the time was being delayed. It cannot be considered revenue loss; it is the same amount of income being deferred to a different date.

 Punatshangchhu I hydropower project is being built on 60 percent loan and 40 percent grant at an interest rate of ten percent payable over a period of 12 years from the date of commissioning.

 

Previous Post

His Majesty offers prayers for late President Kalam

Next Post

Next Post

Bhutan ranks 166th in the latest FIFA rankings

Bhutan ranks 166th in the latest FIFA rankings

Million worth flood protection wall to solve the monsoon woes

Million worth flood protection wall to solve the monsoon woes

Please login to join discussion

RECOMMENDED NEWS

Japan donates for Wangduephodrang Dzong

13 years ago
3
Wamrong battery case in the Supreme Court

Former Trongsa Dzongda Lhab Dorji and three others appealed to Supreme Court

4 years ago
7

DPT’s president offers his land to the people of Gyalpoizhing

12 years ago
2

Dechhenling’s only poultry farm thriving amid the pandemic, Pema Gatshel

4 years ago
2

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.