Prime Minister Narendra Modi today laid the foundation stone for the 600-MW Kholongchu hydro-electric project, a joint venture between India and Bhutan.
The foundation stone was laid by Modi electronically from the courtyard of Bhutan’s Parliament building after addressing a joint session.
Three hydro-electric projects totalling 1,416 MW (Chukha, Tala and Kurichu) are already operational. Three more projects [Punatsangchu I (1,200 MW), Punatsangchu II (1,020 MW) and Mangdechu (720 MW)] are under construction.
They are scheduled to be commissioned in 2017-18.
In April, 2014, the two countries had signed a framework agreement on four more joint venture model hydro-electric projects totalling 2,120 MW. Of these, pre-construction activities for the 600 MW Kholongchu HEP as a joint venture model project between Satluj Jal Vidyut Nigam (SJVN) and Druk Green Power Corporation (DGPC) will commence soon.
“Our hydropower cooperation with Bhutan is a classic example of win—win cooperation,” an Indian official said, adding that “the hydropower projects generate export revenues for Bhutan, cement our economic partnership and provide clean and low-cost electricity to India.”
Modi had arrived here yesterday on his first foreign trip after assuming office last month.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.