News Brief | October 2013
Bhutan seeks more foreign investments in hydro power sector
Bhutan is looking at attracting more foreign investments and greater private participation in expanding the country's hydro power sector. Tata Power and other major companies are already working on a hydel project in the neighbouring nation. At present, many of the hydel projects being developed in Bhutan are under an agreement between the two countries. The Indian government has agreed to develop 10,000 MW of hydro power in Bhutan by 2020. Three of those projects are already under construction..