AGP Executive Report
Last update: an hour agoRenewables & Energy Security: ADB approved a US$160m loan for Bhutan’s Solar Farm Expansion, adding 310MW via three projects—120MW Wobthang and 40MW Pedseling in Bumthang by DGPC, plus 150MW Dramthang in Lhuentse through a DGPC–Tata Power Renewable Energy joint venture—along with 46km of transmission lines to cut winter import dependence. Construction & Local Growth: Damphu LAP II is accelerating with internal roads and water supply works, while a separate 100MW solar project broke ground in Samdrup Jongkhar (Tashithang Gewog), aiming to boost dry-season generation. Agriculture Risk: A dry monsoon outlook for the HKH “Third Pole” raises crop-loss concerns across South Asia, with Bhutan included and farmers warned that hotter, drier conditions can still bring damaging extremes. Circular Economy: Reverse vending machines in Gelephu, Paro and Phuentshogling are recovering millions of containers and paying users (over 7 million items nationwide), but the operator says stronger policy is needed for long-term recycling. Cross-border Payments & Trade Tech: NPCI partnered with HSBC India and JP Morgan Payments to enable real-time FX settlement for cross-border UPI, while UPI expanded to Greece—useful for travel and merchant payments.
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