Tag Archives: Hydropower

Sunkosh hydropower project which was downsized to 2,560 MW from 4,060 MW is finally on the verge of implementation with the Detailed Project Report (DPR) to be finalized by July this year. The communities, it is said, will  reap many benefits. The economic affairs minister, Lyonpo Khandu Wangchuk, said the …

The construction of Bhutan’s 10,000 MW hydropower projects is marked by competition between Indian construction giants fighting for price and quality. However, the projects will continue to have only one monopoly supplier of electro-mechanical equipment for the foreseeable future, Bharat Heavy Electricals Limited or BHEL, which is an Indian government …

  Financial services, hydropower projects,advanced mining, and construction of  international airports dominated the discussions between a top Canadian delegation and local agencies here last week. Led by the Canadian Ambassador, Stewart G. Beck, a 21 member team from 14 world renowned companies were in the country on a five days …

The Royal Monetary Authority (RMA) has imposed a temporary sanction on the commercial banks in making Rupee denominated transactions. This is in light of the Bhutanese economy grappling with Rupee crisis. The governor of the central bank, Daw Tenzin, said: “Bhutan is selling less and importing more. It is important …

  In the past, the Druk Green Power Corporation (DGPC) floated ideas of setting up a hydropower construction company but it failed to see the light of day. However, DGPC managing director Dasho Chhewang Rinzin, said that setting up a hydropower construction company is not a major mandate for the …

Druk Green Power Corporation (DGPC)’s  plans to set up a hydropower construction company by October 2010 did not see the light of day but now there is good news for Bhutanese contractors who felt that they were denied a fair share of the hydropower pie. Around 35 contractors jointly decided …

Soe, one of the remotest communities under Thimphu dzongkhag, has water facility till its doorsteps but the crematorium in their locality lacks that facility. Though money was allotted for the project under the 10th Plan, people here, mostly yak headers, are worried that harsh weather, inaccessibility, and thick snow would …

This is a key policy change as earlier private sector investment and FDI was not allowed in the hydropower sector.   In a departure from its past policy the government will now allow Private firms to construct, own and operate small hydro power projects. This is as per the latest …