AGP Executive Report
Last update: 3 hours agoEnergy Transition: Bhutan’s electricity supply rose 32.8% in 2025, but oil imports reached 345,073 kilolitres, with petrol imports up 38.7% and diesel up 27.5%. The figures highlight the challenge of turning hydropower strength into lower fuel dependence. Clean-Tech Manufacturing: Gelephu Mindfulness City has signed a letter of intent with India’s Patel Greentech for Bhutan’s first battery storage manufacturing and assembly facility, with planned annual capacity of up to 10 GWh. Climate Diplomacy: Bhutan’s bid with Nepal and Kyrgyzstan for a formal COP31 agenda item on mountain climate risks was not accepted; consultations and research dialogues are planned instead. Investment and Trade: Bhutan and Thailand are deepening business ties, with GMC, renewable energy, healthcare, agriculture and tourism among the opportunities discussed. A proposed 100-megawatt agrivoltaic project is also on the table. Business Finance: Loden Tewa has launched a concessional loan facility for growing enterprises, targeting a financing gap between start-up grants and commercial bank loans. Aviation: Drukair has joined IATA after securing IOSA safety registration, a step expected to strengthen global partnerships and international connectivity.
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