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Government introduces Bill Discounting Facility to expedite contractor payments

Government introduces Bill Discounting Facility to expedite contractor payments

Contractors working on government projects can expect to receive their payments on time. The financial institutions introduced a new service, the Bill Discounting Facility today. This service is designed to expedite payments to contractors who usually experience delays in receiving payment upon completion of their work due to prolonged processes. However, with this facility, contractors will be able to present...

Country’s electricity sector expected to grow by 19.8% this year

PHPA-II generates 27 M units of electricity since commissioning last month

The Punatsangchhu-II Hydroelectric Project generated nearly 27 M units of electricity since the commissioning of two of its six units on the 17th of last month until Sunday. This is equivalent to 27 megawatts which is being consumed within the country to meet domestic demand. The PHPA-II authority has sold the electricity to Bhutan Power Corporation. Once fully operational, PHPA-II...

Commuters demand road safety measures on foggy Samtse-Phuentsholing highway

Commuters demand road safety measures on foggy Samtse-Phuentsholing highway

Commuters travelling along the Samtse-Phuentsholing highway are calling on authorities to address pressing safety concerns. Poor visibility caused by fog is frequent, especially during the monsoon season and has made travelling along the newly blacktopped road increasingly dangerous. People say there is a need to install road markings, crash barriers, and traffic signs along the highway. Located at an altitude...

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

The 600-megawatt Khorlochhu Hydro Power Project took a major step forward with the signing of four contracts worth Nu 16.8bn on 10th January. The contracts will cover the construction of a dam and powerhouse. The two main shareholders, Druk Green Power Corporation and Tata Power Company Limited, also held their first general and board meetings in Trashi Yangtse, appointing the...

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