India Bhutan signs agreement for joint venture hydroelectric project

India and Bhutan signed the first Indo-Bhutan joint venture hydroelectric project .
The agreement will pave the way for the commencement of its construction and other related works.
The agreement was signed by the Bhutanese government and the Kholongchhu Hydro Energy Limited in the virtual presence of the Union Minister of External Affairs S Jaishankar and his Bhutanese counterpart Tandi Dorji.
The concession agreement is for the 600 MW Kholongchhu project.
The agreement will lead to the commencement of construction and other works of this first Joint Venture (JV) Hydroelectric Project between India and Bhutan.
The project will be completed in the second half of the year 2025.
The 600 MW run-of-the-river project is located on the Kholongchhu River in the Trashiyangtse district in eastern Bhutan.
The main objective of the project to build an underground powerhouse of four 150 MW turbines with water impounded by a concrete gravity dam of 95 metres height.
It will be implemented by Kholongchhu Hydro Energy Limited, a JV company formed between Druk Green Power Corporation (DGPC) of Bhutan and Satluj Jal Vidyut Nigam Limited (SJVNL) of India.