2.3. Hydropower

♤ Extensive cooperation in the field of development extends to the mutually beneficial sector of hydropower.

♤ Three Hydropower projects developed with Indian assistance are 1020 MW Tala Hydroelectric Project, 336 MW Chukha Hydroelectric Project, 60 MW Kurichhu Hydroelectric Project.

♤ Ten more projects have been agreed to. Of these three are already under construction –

Punatsangchhu-I Hydro Electric Project, Punatsangchhu–II and Mangedechhu HEPs.

♤ The Union Cabinet has approved the signing of an Inter Government Agreement (IGA) on four JV-mode HEPs (Kholongchu, Wangchhu, Bunakha and Chamkharchhu) with Bhutan, and 15% GOI funding (DGPC’s equity) for the 600 MW Kholongchhu HEP.

♤ Both countries have set a goal of goal of 10,000MW in hydropower by 2020