The Organization of the Petroleum Exporting Countries (OPEC) Fund for International Development extends its first USD 50 million (M) loan to Bhutan to boost hydropower. The OPEC Fund for International…
The construction of the much-anticipated 600 MW Khorlochhu Hydropower Project will commence from November 2024 following the finalisation of the Shareholders’ Agreement between Druk Green Power Corporation (DGPC) and Tata…
The Druk Holding and Investments (DHI) is exploring the possibility of harnessing geothermal energy from potential sources across Bhutan. Geothermal energy heat offers a significant opportunity to reduce greenhouse gas…
DGPC signed an agreement with the State Bank of India on October 13, 2024, in Thimphu to avail a loan of INR 14 billion. The signing ceremony was attended by…
Bhutan’s clean energy resources and access to the vast Indian market offer promising opportunities for attracting foreign investment. This was one of the key themes during discussions at the Bhutan…
Bhutan is gearing up for an ambitious energy transformation over the next 15 years, aiming to add 15,000 megawatts (MW) of hydropower and between 5,000 and 6,000 MW of solar…
The aim is to develop 1,270 MW hydro and solar power projects Bhutan has taken a major step toward expanding its renewable energy portfolio with the signing of a Memorandum…
Hydropower export will no more be the primary source of foreign currency Bhutan’s domestic electricity demand is anticipated to surge by 232 percent by 2026, significantly outpacing expected export demand,…
In a significant move to bolster renewable energy, the Asian Development Bank (ADB) signed a USD 30 million loan agreement with the Royal Government to support the Distributed Solar for…
The 33 MW Parochu Integrated Multipurpose Hydropower Plant (IMHP), located in Tsento Gewog, Paro, is progressing steadily and has raised hopes, not only for increased energy generation but also for…
The second phase of small hydropower project development in the country, with a total estimated budget of Nu 20 billion, is set to commence by October this year.
The second…
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…