It says ambiguities of Security Protocol for VVIPS 2014 must be fixed The Anti Corruption Commission dropped the ‘Wall Case’ of the former Prime Minister Dasho Tshering Tobgay finding no corruption or violation of the ACC Act, misuse of resources or any other wrong doing. The ACC said on 12 …
Read More »Ghost of P 1 haunts Sunkosh as Bhutan and India are unable to resolve deep differences on implementation modality
When Prime Minister Narendra Modi visited Bhutan in August 2019 the joint statement of both the governments said, that given the the huge benefits that would accrue to both countries from the 2560 MW Sunkosh, they agreed to finalize the implementation modalities for the Project at the earliest to enable …
Read More »Breakthrough expected soon in much delayed 600 MW Kholongchu Project
The much delayed Kholongchu project in Trashiyangtse might see the two sides agreeing to sign the vital Concession Agreement within the next few months which could be by the end of the year or early next year. Once the CA is signed then the major works like dam, head race …
Read More »Prime Minister responds to the Opposition
The Opposition Party in a recent press release (pg 8) had criticized the government’s one-year performance on several fronts in response to the government’s own one-year report. One criticism was on the issue of transparency with the Opposition asking the government to publicize the names of shareholders of Rigzom Academy, …
Read More »Opposition Party gives fail marks for the Government’s one-year report card
Points to failures in 120-day pledges, economy, employment, 12th plan, health, education, rule of law, transparency and rising social problems The Opposition Party, in an official press release today challenged several aspects of the government’s one-year report card and instead pointed to several areas where it said the government has …
Read More »Oil leak, Computer issues and water nozzle trouble impact all four turbines of the brand new Mangdechu project
The issues if not resolved threatens to derail power production from Bhutan’s highest tariff earning project On September 28th one of the four units of the 720 MW Mangdechu Hydroelectric Project had to be suspended and put offline. The brake system of the turbine applied itself when the turbine was …
Read More »BoB applies to RBI to open a branch in India
If all goes to plan the Bank of Bhutan (BoB) may become the first Bhutanese bank to have its own branch in India. The BoB around two months ago applied to the Reserve Bank of India (RBI) to open a branch office in India. There is hope in Bhutan that …
Read More »PM’s focus on Education, Employment and ICT
As the Druk Nyamrup Tshogpa (DNT) government marked its first year of governance on November 7, Prime Minister (Dr) Lotay Tshering, shared the achievements made in the last one year. The government highlighted its work in strengthening the system, initiating reforms with lasting impact, working towards building the economy and …
Read More »Lack of a Fiber-optic connection from Bangladesh through India holds up Bhutan’s true IT potential
Absence of this back up line proposed for 9 years by Bhutan has prevented international companies from investing in Bhutan’s IT sector In the last few years Bhutan’s Fledgling IT Industry has taken off with the success of the IT Park and other initiatives. It is also one of the …
Read More »Was the Jan 2019 slide that pushed P-1 project to 2025 preventable
The right bank of the Punatsangchu I saw a major slide on 22nd January 2019 when the support measures of the August 2016 slide gave way, which has now pushed the completion date to 2025 from the recent completion date of 2024. With a loan interest rate of Nu 12.6 …
Read More »
The Bhutanese Leading the way.