Tags: Bhutan

India and Bhutan finalizes Mangdecchu hydro project’s power tariff protocol

India and Bhutan has finally signed tariff protocol for the output of 720 MW Mangdechhu hydro project. The Protocol was signed between both the countries on 23rd April, 2019 by Dasho Yeshi Wangdi, Secretary, Ministry of Economic Affairs, RGoB and Ajay Kumar Bhalla, Secretary, Ministry of Power, GoI. Prior to this protocol finalization, basic tariff […]

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Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism: ADB

Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new Asian Development Bank (ADB) report. The Asian Development Outlook (ADO) 2019, ADB’s flagship annual economic publication, forecasts the economy to grow at 5.7% this year and 6.0% in 2020. This is following the slipping of growth […]

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