Press Release

Government of India released Nu. 435.375 Crore for Punatsangchhu II Hydroelectric Power project

Ambassador Jaideep Sarkar handed over a cheque for an amount of Nu. 435.375 Crore for Punatsangchhu II Hydroelectric Power project to Lyonpo Lekey Dorji, Minister for Economic Affairs, Royal Government of Bhutan on 07.02.2017.

Construction of Punatsangchu-II HEP was commenced in December 2010 at a project cost of Nu. 3777.8 Crore. In July 2016, the Union Cabinet approved the Revised Cost Estimate of Nu. 7290.62 crore for the project. So far, GoI has released Nu. 4953.723 crores to the Project.

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07/02/2017
Thimphu