A $160 million loan from the Asian Development Bank will support the development of three solar farms in Bhutan with a combined capacity of 310 MW.
The Asian Development Bank has approved a $160 million ordinary capital resources loan that will go towards a solar expansion project in Bhutan.
The expansion project will develop three solar projects in the country with a combined capacity of 310 MW via the country’s first private-majority public–private partnership in its energy sector.
The 120 MW Wobthang and 40 MW Pedseling solar power farms in Bumthang, northern Bhutan, will be constructed by Bhutan-based developer Druk Green Power Corporation (DGPC), while the 150 MW Dramthang solar farm in Lhuentse, northeastern Bhutan, is expected to be developed through a joint venture between DGPC and India’s Tata Power Renewable Energy Limited.
State-owned public utility Bhutan Power Corporation is set to build 46 kilometers of transmission infrastructure to connect the solar farms to the national grid.
