Gelephu Mindfulness City (GMC), Bhutan’s new Special Administration Region, today announced its intention to recognise digital assets such as Bitcoin (BTC), Ether (ETH) and BNB as part of its strategic reserves, making the Special Administrative Region (SAR) one of the first jurisdictions to officially hold digital assets as part of …
Read More »600 MW Khorlochhu project finally kickstarts
The implementation of the 600 MW Khorlochhu project got a big booston 10 January 2025 with Druk Green Power Corporation (DGPC) and Tata Power Company Limited (TPC), the two Shareholders in the strategic partnership, holding their first extra-ordinary general and board meetings of the joint venture company, Khorlochhu Hydro Power …
Read More »Phajo owes Nu 1 bn to banks and private individuals after final Supreme Court judgment
The Supreme Court saw 15 appeals from the Phajo Nidup related bank and civil cases from the High Court. The Supreme Court has fully affirmed seven High Court judgments. Additionally, six cases were withdrawn by the appellants, and one case remains pending. Of the fully affirmed seven High Court judgments …
Read More »Two units in P II tripped and shut down but are back up
After resolving the seepage issues on the cavern of the powerhouse, the only thing left on 17th December 2024 was running the two units, and here, project engineers and staff held their breath hoping that nothing would go wrong with them. The launch went ahead, as planned, but after 13 …
Read More »Details on the laws that will apply in GMC
The Bhutanese sent some questions to the Gelephu Mindfulness City Legal Team to get more details on the Laws that will apply in the GMC be it the Common Law of Singapore or the Abu Dhabu Global Market (ADGM) laws. Some FAQs sent by the GMC later on have also …
Read More »A group of Thimphu schoolchildren marked Nyilo by reciting Lolay traditional verses of good wishes before Their Majesties
A group of Thimphu schoolchildren marked Nyilo by reciting Lolay—traditional verses of good wishes—before Their Majesties The King and The Gyaltsuen, and Their Royal Highnesses Gyalsey Jigme Namgyel Wangchuck, Gyalsey Ugyen Wangchuck, and Gyalsem Sonam Yangden Wangchuck at Lingkana Palace on 2 January 2025. Nyilo, observed as the New Year …
Read More »Assam CM says rail line from Guwahati to GMC and 6 lane Expressway
Assam’s Chief Minister Himanta Biswa Sarma in a press conference with the Assamese media made some major announcements with regard to Assam’s role in the Gelephu Mindfulness City. The question was asked by North East Live Editor-in-Chief Wasbir Hussain to the Assam Chief Minister about his visit to Bhutan during …
Read More »Project Dantak signs MoU with Bhutan Industrial Gas for LPG supply
Project Dantak, a key initiative of India’s Border Roads Organization (BRO), has signed a Memorandum of Understanding (MoU) with Bhutan Industrial Gas (BIG) to secure the supply of Liquefied Petroleum Gas (LPG) for infrastructure projects in Bhutan. The agreement, signed at Dantak Headquarters by Chief Engineer of Project Dantak, Brigadier …
Read More »Karmi Tongchey for Dr Manmohan Singh
A special prayer ceremony was held on Friday at the Kuenrey of Tashichhodzong for Late Dr Manmohan Singh, former Prime Minister of India, who passed away on 26 December 2024. His Majesty The King, His Majesty the Fourth Druk Gyalpo and Their Majesties the Queen Mothers offered Karmi Tongchoed (one …
Read More »Bhutanese and Indian experts to jointly design rectification measures for P I right bank
While both the Bhutanese and Indian sides agreed to build the dam on the 1,200 MW P I project, there was no agreement on the extent of rectification measures to be done on the sliding right bank of the project. The Bhutanese side, focused on safety and longevity, wanted deeper …
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