Green Power Development Project

This technical assistance will enhance energy efficiency in the region and promote cross-border cooperation. It aims to develop Government capacity to establish an institutional framework for public and private participation in hydropower development. It will further broaden financing resources and enable Druk Green Power Corporation to manage independent or PPP commercial hydropower projects.

PROJECT DETAILS

Approval29 Oct 2008
Funding TypeTechnical Assistance
CountryBhutan
SectorEnergy
StatusOngoing
Total Cost$1.49 million

KEY OUTPUTS

Financial structuring study for medium-sized hydropower projects conducted

Carbon finance documents prepared

Capacity building for hydropower implemented

FINANCING

$888,000 (Asian Development Bank, financed through the RCI Financing Partnership Facility)

$600,000 (Asian Development Bank, financed through the Technical Assistance Special Fund)