Thimphu: Prime Minister Narendra Modi and Bhutan King Jigme Khesar Namgyel Wangchuck jointly inaugurated the 1,020 MW Punatsangchhu-II Hydroelectric Project that will export electricity to India.

This marks another milestone in the two countries’ long-standing energy partnership, it was said in a joint statement. Both leaders also agreed to resume work on the main dam of the 1,200 MW Punatsangchhu-I project and to expedite its completion. ADVERTISEMENT

India has announced a concessional line of credit worth Rs 40 billion for Bhutan’s energy projects. Both sides expressed satisfaction with the progress of the Joint Vision on Energy Partnership signed in March 2024.

India and Bhutan also signed three MoUs covering renewable energy, health and medicine, and institutional linkages between

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