India-Bhutan Finalized Mangdecchu Hydro Project’s Power Tariff Protocol
- On 26th April, 2019, India and Bhutan, have finally signed tariff protocol for the output of 720 Megawatt Mangdechhu hydropower project.
- As per the finalized protocol detail provided by Bhutan Government’s Ministry of Economic Affairs, the starting tariff for a term of 35 years is Ngultrum 4.21 (Eqv. INR 4.21) per unit. That will go up at a rate of 10% every 5 years till Bhutan’s loan for the project is repaid and 5% afterward. Government of India has funded INR 33.82bn for the project with 70% of that as loan and 30% grant.
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Mangdechhu Hydroelectric Project
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