NEW DELHI: India and Bhutan on Monday signed a pact for the construction of the 600 MW Kholongchhu joint venture hydroelectric project in Bhutan that is to be completed in five years.
The agreement for the project between the Bhutanese government and the Kholongchhu Hydro Energy Limited was signed in the presence of Indian foreign minister S Jaishankar and his Bhutanese counterpart Tandi Dorji. The two ministers joined the event via video link.
The Kholongchhu Hydro Energy Limited is a joint venture between Bhutan’s Druk Green Power Corporation (DGPC) and India’s Satluj Jal Vidyut Nigam Limited (SJVNL), a statement from the Indian foreign ministry said.