THIMPHU, 23 April, 2021 (TON): According to the Sustainable Hydropower Development Policy 2021 launched on Thursday, the government will explore trilateral regional, sub-regional, regional cooperation in developing hydropower projects in the country.
The project will be part of the regional, sub-regional and trilateral energy framework.
The policy is aimed at providing greater market access for electricity from Bhutan.
The policy, however, does not abandon the inter-governmental (IG) model wherein the development partner will be responsible for the financing of the project.
The government can also develop hydropower projects on its own.
All the hydropower projects will be developed will full ownership of the government. The government, however, will encourage the private sector to venture into hydropower-related ancillary businesses and services.
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