September 19, 2010: The war for taking management control of the growing Bhutanese hydropower projects between Bhutan’s apex hydropower body and Indian power companies have started. India sides claim that since they have 51 percent ownership in Chamkarchu (670 MW), Wangchu (600 MW), Kholongchu (486 MW) and Bunakha reservoir (180 MW), the management control must … Read more
Bhutan, a Himalayan kingdom of 635,000 people, geographically located between China and India, has one of the highest per capita incomes in South Asia at over $2,000. Bhutan is a very peace loving and friendly country and its people are happy and prosperous. On November 6, 2008, formal coronation of 29-year-old Bhutanese King Jigme Khesar … Read more
The existing biggest power project of the country Tala Hydropower Project, was officially handed over to Druk Green Power Corporation (DGPC), a member company of the Druk Holding and Investment (DHI) on April 8
The new economy policy devised by the Ministry of Economic Affairs has give more teeth for additional area in foreign direct investment, to which Bhutan had remained closed for decades
India has agreed to buy over 11,000 MW of hydropower from Bhutan in the next 11 years and the two countries have reached an agreement to this effect