AGP Executive Report
Last update: 3 hours agoElectricity Support: The government has allocated Nu 400 million this financial year to help low-voltage electricity consumers as it reviews domestic tariffs. Power Grid: KEC International has won a 400 kV transmission-line order in Bhutan, part of a Rs 1,030-crore package that lifts its year-to-date orders above Rs 8,600 crore. Hydropower: Druk Green Power and Adani Power have agreed to develop the 770 MW Chamkharchhu-I project, adding to Bhutan’s major generation plans. Financial Expansion: DK Bank has received in-principle approval to establish an Abu Dhabi subsidiary, but needs a final licence before it can operate there. Regional Links: Bhutan and India are looking to deepen cooperation in trade and connectivity; talks also highlighted the Jogighopa terminal and waterways as potential routes for Bhutanese cargo to global markets.
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