Hydropower & Construction: Hindustan Construction Company (HCC) won a ₹127 crore contract from Wangchhu Hydroelectric Power for Wangchhu diversion tunnels, hydromechanical gates and cofferdams, with a nine-month timeline—another sign Bhutan’s 2024–29 hydropower push is pulling in major contractors. Renewables Policy: Bhutan’s National Assembly advanced the Renewable Energy Tax Exemption Bill 2026 in third reading, offering time-bound indirect tax relief on inputs and property transfer tax exemptions to cut project costs and boost energy security. Energy Trade (India–Bhutan): Uttar Pradesh Power Corporation got UPERC approval to source power from Bhutan’s 511-MW Khorluchu Hydro (Tata Power + Druk Green Power JV) at a flat ₹6.75/unit for 30 years, strengthening regional supply during peak months. Regional Connectivity: India will fully fund the Kokrajhar–Gelephu rail link (Nu 34.5B), positioning Gelephu Mindfulness City as a logistics and trade gateway via improved Assam multimodal access. Waste & Green Growth: Government reaffirmed commitment to Zero Waste Bhutan 2030, stressing public participation and better waste systems; meanwhile BTFEC backed red panda tourism and elephant habitat work in Gelephu with new grant agreements. Climate Finance: Bhutan secured continued GEF support via LDCF extensions for two more cycles (GEF-9 to 2030 and GEF-10), targeting adaptation in agriculture, water, early warning and nature-based solutions. Border Tech (India): Amit Shah will launch India’s Land Port Management System on June 9 to digitise land-port logistics and regulatory data—relevant for smoother cross-border trade flows. Bhutan & Digital Assets: On-chain trackers say Bhutan-linked wallets offloaded 738 BTC (about $44.9M) on June 6, continuing a structured sovereign drawdown pattern tied by analysts to funding needs like Gelephu.