The Central Electricity Authority (CEA) has been asked by the Union government to provide fast-track clearances for 2,690 mw of hydro-electric projects proposed to be set up in Bhutan in joint venture with Indian companies. The development came after the recent grid failure.A detailed project report (DPR) for five projects with Bhutan was in advance stage of examination at CEA and Central Water Commission (CWC). The projects are expected to be finalised by December, after which it would go for Cabinet nod.The new projects would be set up as joint venture between Indian companies and Bhutan's Druk Green Power Corporation (DGPC). Indian Government will not offer complete grants for the new units unlike the previous ones.The projects would be funded in 30 per cent equity and the joint venture company will seek loans for the remaining funds. At present, 1,416 mw capacities are operational and another 2,940 mw are under construction in Bhutan. These are expected to be commissioned by 2016-17.
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