Tenzing Lamsang

PHPA to get a new JMD

The Punatsangchu Hydroelectric Project Authority (PHPA) that looks after the 1,200 MW Punatsangchu I and 1,020 MW Punatsangchu II will get a new Joint Managing Director (JMD). The term of the current JMD Dasho Phuntsho Norbu came to an end in April 2016 according to the cabinet. The JMD had …

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Nu 68 mn loss for Tala due to shutdown

The Tala project also suffered during the heavy monsoon rains in July end that had even cut of the Phuntsholing-Thimphu highway. A landslide knocked out an Auxiliary Supply Transformer that supplies power to the butterfly valve chamber. This chamber can stop the flow of water to the generating units from …

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Regulating and restricting private money lenders

The Supreme Court has come up with a set of draft regulations on regulating private money lending based on the Financial Services Act which says that money lending has to be regulated. The regulations were in the works for the last few months. The draft regulations are being handed over …

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