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Modi Ends Bhutan Visit With Hydropower Launch, Rs 40 Billion Credit Line, New Border Checkpost

Cultural outreach at the Kalachakra ceremony underscored the partnership’s people-to-people depth.

Overview

  • India and Bhutan jointly inaugurated the 1,020 MW Punatsangchhu-II hydropower project, with electricity to be supplied to both countries.
  • New Delhi announced a Rs 40 billion concessional line of credit to fund Bhutan’s energy projects.
  • The two sides agreed to establish an immigration checkpost at Hatisar in Assam to facilitate access to the Gelephu Mindfulness City.
  • Leaders welcomed resumption of work on the main dam of the 1,200 MW Punatsangchhu-I project with a push for expedited completion.
  • Three MoUs were concluded covering renewable energy, health and medicine, and institutional linkages between Bhutan’s PEMA Secretariat and India’s NIMHANS, alongside India’s reaffirmed support for Bhutan’s 13th Five-Year Plan.