In a significant milestone for regional energy cooperation, Prime Minister Narendra Modi and Bhutan's King Jigme Khesar Namgyel Wangchuck jointly inaugurated the massive Punatsangchhu-II hydropower project, marking a new chapter in the enduring partnership between the two neighboring nations.
A New Era in Cross-Border Energy Collaboration
The inauguration ceremony celebrated the completion of the 1020 megawatt Punatsangchhu-II run-of-the-river project, which stands as one of the largest joint ventures between India and Bhutan. This ambitious undertaking represents the latest achievement in a long-standing partnership that has seen multiple successful hydropower collaborations over the years.
Located on the Punatsangchhu River in Western Bhutan, this infrastructure marvel has been developed through close technical and financial cooperation between the two countries. The project exemplifies India's commitment to supporting Bhutan's economic development while strengthening energy security across the region.
Technical Marvel and Economic Benefits
The Punatsangchhu-II project features impressive engineering specifications that make it one of the most significant hydropower installations in South Asia. The run-of-the-river design ensures minimal environmental impact while maximizing energy generation capacity.
This joint venture is expected to generate substantial economic benefits for both nations. For Bhutan, the project represents a major source of revenue through electricity exports to India, while India gains access to clean, renewable energy to power its growing economy. The collaboration also provides valuable technical expertise and employment opportunities for Bhutanese citizens.
The electricity generated will be transmitted to India through dedicated cross-border transmission lines, contributing significantly to India's renewable energy targets and supporting the country's growing power demands.
Strengthening Historical Ties Through Energy Partnership
The hydropower sector has long been a cornerstone of India-Bhutan bilateral relations, with multiple successful projects already operational. The Punatsangchhu-II project continues this tradition of cooperation that began decades ago.
Prime Minister Modi emphasized that this partnership goes beyond mere energy transactions, representing the deep-rooted friendship and trust between the two nations. The project symbolizes India's 'Neighbourhood First' policy in action, demonstrating commitment to regional development and cooperation.
King Jigme Khesar Namgyel Wangchuck acknowledged India's consistent support in developing Bhutan's hydropower potential, noting how this collaboration has been mutually beneficial and has strengthened the special relationship between Thimphu and New Delhi.
The successful completion of Punatsangchhu-II sets the stage for future collaborations in the energy sector and beyond, with both nations expressing commitment to exploring new areas of partnership that will further deepen their historical ties and contribute to regional prosperity.