AGP Executive Report
Last update: an hour agoTrade Links: Bhutan and India are exploring inland waterways, including the Brahmaputra and Jogighopa terminal, to improve cargo access to global markets. The talks also covered possible links through the Manas and Sankosh rivers. Investment: Bhutan has licensed or given in-principle approval to FDI projects worth Nu 329.16 billion—65.8% of its Nu 500 billion target for 2029. The figure represents approved project value, not capital already invested. Payments and Power: Bhutan recorded 8,621 UPI transactions since September, while authorities work with Indian banks to address failures. The government has also allocated about Nu 400 million to support low-voltage electricity consumers. Energy Infrastructure: Druk Green Power and Adani Power agreed to develop the 770 MW Chamkharchhu-I hydropower project. DGPC also signed a partnership for the 40 MW Parochhu project, while KEC International won an order for a 400 kV transmission line in Bhutan. Services and Tourism: DK Bank received in-principle approval to expand into Abu Dhabi. Gelephu is preparing for around 100,000 visitors to the November 1 raising of 108 chortens, with accommodation and transport arrangements underway.
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