India and Bhutan signed agreement on development of hydropower projects
India and Bhutan signed an agreement on development of hydropower projects in Thimphu, Bhutan.
India and Bhutan signed an agreement for the development of hydropower projects in Thimphu, Bhutan on 22 April 2014. The inter-governmental agreement provides framework for implementing four hydro-electric projects (HEP) totaling 2120 MW on a joint venture model between public sector undertakings (PSU) of India and Bhutan.
The four projects are
• 600 MW Kholongchu project
• 180 MW Bunakha project (with 230 MW downstream benefit from Tala, Chukha and Wangchu HEPs)
• 570 MW Wangchu project
• 770 MW Chamkarchu project
The Hydropower cooperation between the two countries
• It is a classic example of win-win cooperation
• Providing clean electricity to India
• Generating export revenues for Bhutan
• Further strengthening our bilateral economic linkages
Three hydro-electric projects (HEPs) totaling 1416 MW are already operational in Bhutan and are supplying electricity to India. The projects are Chukha project (336 MW); Kurichu project (60 MW); Tala project (1020 MW).
Other three HEPs totaling 2940 MW are under construction and are scheduled to be commissioned by 2018. The projects are Punatsangchu-I project (1200 MW), Punatsangchu-II project (1020 MW) and Mangdehchu project (720 MW).