External Affairs Minister S Jaishankar on Monday attended via video conference the signing ceremony of Concession Agreement for 600 MW Kholongchhu JV-Hydroelectric Project in Bhutan.
This will lead to the commencement of construction of the first joint venture hydroelectric project between India and Bhutan.
The Concession Agreement for the 600 MW Kholongchhu (Joint Venture) Hydroelectric Project was signed between Bhutan government and Kholongchhu Hydro Energy Limited. The project is expected to be completed in the second half of 2025.
Kholongchhu Hydro Energy Limited is a Joint Venture company formed between Druk Green Power Corporation (DGPC) of Bhutan and Satluj Jal Vidyut Nigam Limited (SJVNL) of India.