AGP Executive Report
Last update: 12 hours agoRenewables Push in Bhutan: ADB approved a $160m loan for Bhutan’s Solar Farm Expansion Project, targeting at least 310 MW of new solar and grid upgrades, with private investment expected via Bhutan’s first private-majority public-private energy partnership. Solar Project Starts in Samdrup Jongkhar: Construction has begun on a 100MW solar plant in Tashithang Gewog, Samdrup Jongkhar, with phased commissioning (30MW by mid-2027; 70MW in early 2028). Circular Economy in Action: Reverse vending machines across Gelephu, Paro and Phuentsholing have recovered over 7 million plastic bottles and cans, paying users in Nu and keeping waste out of streets. Household Ritual Spending: Bhutan’s NSB reports households spend nearly Nu 28,000 a year on rituals (about 5% of consumption), with Wangdue and Punakha highest. Phuentsholing Tourism Branding: Government signed a contract to build destination branding and a digital tourism platform for Phuentsholing, aiming to turn the border town into a stay-worthy gateway. Cross-border Payments Upgrade: NPCI partnered with HSBC India and J.P. Morgan Payments to enable real-time FX settlement for overseas UPI transactions.
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