New Delhi: The Protocol to the Agreement for the Punatsangchhu-II Hydroelectric Project export tariff was signed today, marking another major milestone in India-Bhutan energy cooperation. The 1020 MW project, jointly inaugurated by Hon’ble PM Narender Modi and His Majesty Jigme Khesar Namgyel Wangchuck in November 2025, is already exporting surplus power to India.
We also signed the methodology for reactive power accounting, effective 1 May 2026. This will strengthen grid stability, enable transparent power flow accounting, and deepen cross-border energy integration. ties continue to foster on a strong foundation of trust, shared growth, and long-standing partnership in the energy sector.