Green Power Development Project

A recipient of the US Treasury Department's Development Impact Honors in 2013, this project constructed Dagachhu hydropower plant—the first certified cross-border clean development mechanism in the world—and increased access to green power for export to India. Remote schools, health clinics, and community facilities also benefit from access to green electricity. By promoting cross-border power trade and access to electricity, the project contributes to economic growth.


PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

13 Feb 2009

Loan/Grant

Bhutan

Energy

Closed

$234.45 million

KEY OUTPUTS

114 MW run-of-river Dagachhu hydropower plant

19 km of transmission line constructed

Additional 750 GWh of clean and renewable energy available for export to India

Provision of reliable power supply and service to 8,767 rural households and public institutions

Druk Green Power Corporation fully operational

FINANCING

$1 million (Clean Energy Facility)

$55.46 million (Austrian Export Credit Agency)

$21 million (Tata Power Company India)

$51.71 million (Government of Bhutan)

$51 million (Asian Development Bank)

$54.28 million (Asian Development Fund)