The World Bank Group’s Boards of Executive Directors have approved a financing package to increase the Kingdom of Bhutan’s hydropower generation, facilitate regional clean energy trade, expand economic opportunities, and create jobs.
The 1,125 MW Dorjilung Hydroelectric Power Project, located on the Kurichhu River in eastern Bhutan, will generate more than 4,500 GWh of clean electricity annually, increasing the country’s energy production by 40% and energy exports by 42%.
Commenting on the development, Lyonpo Lekey Dorji, Finance Minister, Royal Government of Bhutan, said, “The Dorjilung Hydroelectric Power Project is a national priority and will be transformational for Bhutan – delivering clean electricity, spurring economic growth and advancing our carbon negative commitment.”
