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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, according to June projections from the finance ministry. This increase will see domestic consumption rise from Nu 8.27 billion last year to an estimated Nu…

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 Public Infrastructure Project. This initiative aims to install solar panels on the rooftops of public buildings, including government offices, hospitals, schools, markets, and parking structures,…

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 phase includes the construction of five small hydropower projects—90MW Jomori, 54MW Gamri, 26MW Druk Bindu I & II, and 25MW Begana hydropower projects. The construction…

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…

Domestic sales increased by over Nu 1.6B while export sales decreased by Nu 2.6B Hydropower generation saw a dip in the production of power by 25.71 million units between January and June this year as compared to the same period last year. The overall generation was recorded at 3132.97 million units in the first six…

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,…