India-Bhutan finalized Rs 4.5K crore Mangdecchu Hydro project’s power tariff protocol


India-Bhutan finalized Rs 4.5K crore Mangdecchu Hydro project’s power tariff protocol

Following prime minister level bilateral agreement between India and Bhutan, both the countries have finally signed tariff protocol for the output of 720 Megawatt Mangdechhu hydropower project. First yield of this INR 4.5K crore Bhutan project is to get into India’s national power pool by May-June this year.

Finalization of Mangdechhu tariff protocols has taken place with signing up of an agreement on that by Bhutan’s economic affairs secretary, Dasho Yeshi Wangdi and the power secretary of India, Ajay Kumar Bhalla on Tuesday in Bhutan’s capital Thimphu.

Prior to this protocol finalization, basic tariff structure was agreed upon by Indian Prime Minister Narendra Modi and his Bhutanese counterpart Lotay Tshering in December last year. Read More

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