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Commendable CSR initiatives in the last 10 years Final cost for the construction of the 118MW Nikachhu Hydroelectric Project (NHEP) escalated by 36% from the approved project cost of Nu 11,673.800 million (M), to the final project expense at Nu 15,989.702M. The cost includes foreign exchange loss of Nu 803.159M. While the final expenditure sky…

Sources indicate that the Adani Group is insisting on acquiring a majority stake, as high as 60 percent, in the Wangchhu project The Druk Green Power Corporation (DGPC) has clarified that the Memorandum of Understanding (MoU) signed with India’s Adani Group on the development of the Wangchhu Hydropower Project does not include specifics on the…

Since its commissioning in January this year, the 118-megawatt Nikachhu Hydropower Plant in Trongsa has already generated approximately Nu 514 M in revenue. This was made from over 155 million units of electricity exported to India. Since its commissioning on January 25, the Nikachhu Hydropower Plant in Trongsa has been exporting electricity to the Power…

The country’s first utility-scale solar farm in Sephu, Wangdue, initially planned at 17.38 megawatts (MW), has increased its capacity to 22.38 MW. The project is divided into two phases. The first phase, which involves constructing 17.38 MW, is scheduled for completion by March of next year. The additional 5 MW, part of the second phase,…