Green Power Development Project: Additional Financing

This additional financing will cover cost overruns for construction of the Dagachhu Hydropower Plant of the Green Power Development Project, approved in 2008, that contributed to promoting cross-border power trade and domestic access to electricity. The project expanded coverage of sustainable clean power supply in Bhutan.

PROJECT DETAILS

Commitment Date

Funding Type

Country

Sector

Status

Total Cost

2 Oct 2013

Loan

Bhutan

Energy

Closed

$40 million

KEY OUTPUTS

Hydropower plant constructed

Rural electrification extended

Druk Green Power Corporation (DGPC) management system improved

FINANCING

$39 million (Asian Development Bank)

$1 million (Government of Bhutan and Tata Power)