AGP Executive Report
Last update: 12 hours agoHydropower Deal: Adani Power and Bhutan’s state-owned Druk Green Power Corporation (DGPC) signed the Shareholders Agreement for the 770 MW Chamkharchhu-I hydropower project in Zhemgang, using a 49:51 equity split and a 30-year BOOT concession; construction is slated to start in H1 2027 with commissioning targeted within six years, aiming to meet Bhutan’s peak winter needs and enable summer exports to India. Regional Security & Cooperation: Nepal’s Home Minister Sudhan Gurung will visit New Delhi on Oct 12–14 for the inaugural BIMSTEC Home Ministers’ meeting (first since 1997), focused on cross-cutting security issues including terrorism, transnational crime, and disaster/climate cooperation. Digital Economy & Cyber Safety: Asia-Pacific regulators and industry met in Paro to push stronger digital cooperation—balancing faster digital transformation with online safety, data protection, cybersecurity, and inclusion. Bhutan Growth Outlook: The ADB projects Bhutan’s economy to grow 7.2% in 2027, supported by tourism and industry momentum, with NSB data showing 6.46% Q2 growth driven largely by electricity. Energy for Farmers: A solar-powered lift irrigation push under Bhutan’s WERELIS project is putting women at the centre of irrigation operations in Punakha, easing long manual water-lifting burdens.
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