In Last-Minute Talks, India, Bhutan Finalise Export Tariff for Hydropower Project


In Last-Minute Talks, India, Bhutan Finalise Export Tariff for Hydropower Project

Till just a few hours before the prime ministers of Bhutan and India were to meet for the first time on Friday, officials from both countries were still parleying to finalise the tariff for the Mangdechhu power project.

Speaking to The Wire on Friday evening, Bhutan foreign minister Tandi Dorji said that talks had gone on till the last minute on the export tariff for electricity generation from Mangdechhu. “We continued to negotiate till this morning,” he said.

Dorji is part of the high-level delegation accompanying Bhutan Prime Minister Lotay Tshering on his first foreign visit to India – a traditional destination choice for Bhutanese premiers. Tshering became the third democratically elected prime minister of Bhutan after his party, Druk Nyamrup Tshogpa (DNT), got the majority in the October parliamentary elections.

Tshering’s first appointment on Friday was with Indian external affairs minister Sushma Swaraj, followed by the main event – delegation-level talks with Prime Minister Narendra Modi. Read More

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