Bhutan: Acceleration of Hydropower Trading Development
This technical assistance aims to strengthen the power sector’s key frameworks and systems to enhance Bhutan’s hydropower development and trading. It will support activities of the Department of Hydropower and System, and the Department of Renewable Energy, Ministry of
Economic Affairs, the Bhutan Power Corporation, the Druk Green Power Corporation (DGPC), the Tangsibji Energy Hydro (THyE), and the Department of Forest and Park Services, Ministry of Agriculture and Forests.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
7 Jan 2015 Technical Assistance Bhutan Energy Closed $1 million | |
| KEY OUTPUTS |
Study of sector reforms in terms of a functional segregation of distribution and transmission, an independent system operator, and a power consolidator to facilitate trading of power from small/micro and other renewable energy producers Experts’ reviews on the existing sustainable hydropower development policy and draft tariff policy THyE’s equity finance—DGPC’s and THyE’s equity financing to help them select a joint venture private partner through public private partnerships and/or issue initial public offering for equity participation in Nikachhu hydropower development Safeguard strengthening for THyE. Safeguard implementation and monitoring for THyE and DGPC to ensure compliance and enhancement of the Nikachhu hydropower plant and related transmission line Institutional capacity enhancement for DGPC in new business priority areas |
| FINANCING |
$1 million (Technical Assistance Special Fund) |
Contact the SASEC Secretariat at:
sasec@adb.org