AGP Executive Report
Last update: 7 hours agoBhutan–Energy Deal: JSW Energy’s arm JSW Neo and Bhutan’s DGPC have signed a shareholders’ agreement to jointly develop the 920 MW Punatsangchhu-III hydropower project in Wangdue Phodrang, with DGPC holding 51% and JSW Neo 49%; the detailed project report is now being prepared. Bhutan–Trade Watch: Bhutan’s import bill kept rising—Q2 imports hit about Nu 42.7bn, widening the trade deficit to nearly Nu 24bn; fuel, smartphones, vehicles and networking equipment were major drivers. Bhutan–Local Planning: Haa Dzongkhag lifted its construction moratorium after revising the Haa Local Area Plan and Development Control Regulations, restarting approvals for new builds, renovations and land subdivisions. Bhutan–Highland Livelihoods: In Naro, cordyceps collectors held back sales after auction prices fell below expectations, with earnings ranging from Nu 190,000 to Nu 936,000 depending on quality. Bhutan–Digital & Policy: A Finance Ministry report says state-owned enterprises generated 23.06% of Bhutan’s GDP in 2023 but employed only 3.55% of the workforce, underscoring their role in capital-heavy sectors.
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