Saturday, February 8, 2014

Chukha Tariff Revision: Good News!

Last year Dasho Chhewang Rinzin of Druk Green Power Corporation publicly declared that there will be no downward revision of the tariff agreed between India and Bhutan for Chukha power. Instead he had stated that the Bhutanese Government had already asked India for a hike in Chukha Tariff. It is good that the present Government has successfully followed through and got a 25 paisa hike. Any increase in electricity export tariff would positively impact the Bhutanese economy. It is good national news from Lyonpo Norbu Wangchuk and his delegation team members. I hope this trend will boost the export tariff from other hydro-projects.

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