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

Approval30 Sep 2013
Funding TypeLoan
CountryBhutan
SectorEnergy
StatusClosed
Total Cost$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)