Bhutan: Second Green Power Development Project
Construction of the 118 MW run-of-river Nikachhu hydropower plant will expand regional power trade by further increasing clean hydropower generation in Bhutan to meet growing domestic electricity demand, and also export power to India through a public-private partnership and the Clean Development Mechanism. Power exports account for one-third of government revenue: as such, hydropower revenues constitute a critical base of economic and social development in Bhutan.
| PROJECT DETAILS | ||
|
Commitment Date Funding Type Country Sector Status Total Cost |
4 May 2015 Loan/Grant Bhutan Energy Ongoing $198.18 million | |
| KEY OUTPUTS |
Construction of the 118 megawatt run-of-river Nikachhu hydropower generation plant Construction of 18.6 km of 132 kV transmission line Enhanced project management and implementation capacity of Druk Green Power Corporation and Tangsibji Hydro Energy Limited |
| FINANCING |
$50.5 million (Asian Development Fund grant and loan of $25.25 million each) $70 million (Asian Development Bank) $18.86 million (Druk Green Power Corporation) $41.66 million (State Bank of India) $17.16 million (Export-Import Bank of India) |
Contact the SASEC Secretariat at:
sasec@adb.org