India Bhutan signs agreement for joint venture hydroelectric project

The agreement will lead to commencement of construction and other works of this first Joint Venture (JV) Hydroelectric Project between India and Bhutan.
Vamsi Athreya

Updated: Jun 29, 2020 08:21:02 pm

India Bhutan signs agreement for joint venture hydroelectric project

29 June 2020 Current Affairs:India and Bhutan signed the first Indo-Bhutan joint venture hydroelectric project on 29 June 2020. The agreement will pave the way for the commencement of its construction and other related works. The agreement was signed by the Bhutanese government and the Kholongchhu Hydro Energy Limited in the virtual presence of the Union Minister of External Affairs S Jaishankar and his Bhutanese counterpart Tandi Dorji.

Highlights:
♦ The concession agreement is for the 600 MW Kholongchhu project.
♦ The agreement will lead to the commencement of construction and other works of this first Joint Venture (JV) Hydroelectric Project between India and Bhutan.
♦ The project will be completed in the second half of the year 2025.
♦ The 600 MW run-of-the-river project is located on the Kholongchhu River in the Trashiyangtse district in eastern Bhutan.
♦ The main objective of the project to build an underground powerhouse of four 150 MW turbines with water impounded by a concrete gravity dam of 95 metres height.
♦ It will be implemented by Kholongchhu Hydro Energy Limited, a JV company formed between Druk Green Power Corporation (DGPC) of Bhutan and Satluj Jal Vidyut Nigam Limited (SJVNL) of India.
Free Current Affairs to Your Email

Latest Current Affairs 2020

Science & Technology

NITI Aayog Launches ATL App Development Modules

Jul 11,2020 07:25:35 pm
ATL App Development Modules' was launched for school children across the country in line with the Aatmanirbhar Bharat initiative to transform school students from smartphone-based applications users into innovative smartphone-based applications developers.The 'ATL Device Development Modules' are launched by NITI Aayog's Atal Innovation Mission (AIM) under its Atal Tinkering Labs (ATL) initiative, in partnership with Plezmo- a mobile application(lndian Startup Company-Gunakar Private Limited)
Fresherslive . 3 hours ago
Banking & Finance Business & Economy Indian Affairs

RBI - REPO points downs by 135

Jul 11,2020 06:56:30 pm
The RBI Governor claimed that Repo points cut by 135 points, RBI Governor further claimed that the coronavirus pandemic has represented our economic and financial system 's largest test of resilience and robustness.
Fresherslive . 4 hours ago
Indian Affairs Environment Bills & Acts

The Tiger Census of India sets a New Guinness Record

Jul 11,2020 05:44:39 pm
India's 2018 Tiger Census has made it to the Guinness Book of World Records to be the biggest wildlife trapping camera in the world.The fourth cycle of the 2018 All India Tiger Estimate, the results of which were announced by Prime Minister Narendra Modi to the nation on Global Tiger Day last year, reported 2,967 tigers or 75 per cent of the global tiger population.
Fresherslive . 5 hours ago
Business & Economy Indian Affairs

Exceptional Operational Efficiency from NTPC Singrauli

Jul 11,2020 03:57:33 pm
NTPC Singrauli Unit 1, the oldest NTPC unit, according to data published by the Central Electricity Authority (CEA), has emerged as the country's top-performing unit in the first quarter of the financial year. The first unit of the station started to generate on 13 February 1982 and it continues to serve the country with exceptional results.
Fresherslive . 7 hours ago
Business & Economy Indian Affairs Environment Summits & Conference Schemes

National Fish Farmers Day 2020 Obseved on 10th July

Jul 11,2020 03:24:54 pm
Every year, India celebrates 10 July as the "National Fish Farmers' Day" to honor fishermen, aquapreneurs and fishermen in appreciation of their achievements in the field and their contribution to the growth of the country's fisheries sector. It was 63rd National Fish Farmer's Day this year.
Fresherslive . 7 hours ago
Business & Economy Indian Affairs Environment Summits & Conference Schemes

National Fish Farmers Day 2020 Obseved on 10th July

Jul 11,2020 10:48:07 am
Every year, India celebrates 10 July as the "National Fish Farmers' Day" to honor fishermen, aquapreneurs and fishermen in appreciation of their achievements in the field and their contribution to the growth of the country's fisheries sector. It was 63rd National Fish Farmer's Day this year.
Fresherslive . 12 hours ago
Defence

Defence Minister Rajnath Singh inaugurated six major bridges near to LoC, IB

Jul 09,2020 09:00:29 pm
Roads in the border areas remain as strategic strengths and act to connect remote areas with the mainstream.
Fresherslive . 2 days ago
Agreements MoU

IIT Alumni Council, CSIR-IGIB signed MoU for joint research on COVID-19 and patient data analysis

Jul 09,2020 08:59:21 pm
The partnership is expected to create a world-leading testing and treatment ecosystem and establish global data leadership.
Fresherslive . 2 days ago
Summits & Conference

India-EU summit to be held on 15 July through video conference

Jul 09,2020 08:55:46 pm
The summit will provide a platform to strengthen the EU-India strategic partnership based on shared principles and values of democracy, freedom, and rule of law.
Fresherslive . 2 days ago
Indian Affairs

India's GDP to contract by 3 percent in FY21 says BofA

Jul 09,2020 08:54:37 pm
BofA Securities has an estimated 3% contraction with the assumption of the economy opening up fully from mid-August. It is expected that this might rise up to 5% if the COVID-19 crisis prolongs.
Fresherslive . 2 days ago

Daily Current Affairs 2020



Entrance Exams

Subscribe to Current Affairs

Enter your email to get daily Current Affairs
Current Affairs PDF

Current Affairs 2020 July

July 11
News Quiz
July 09
News Quiz
July 08
News Quiz
July 07
News Quiz

Current Affairs 2020 June

June 30
News Quiz
June 29
News Quiz
June 27
News Quiz
June 26
News Quiz

Current Affairs 2020 May

May 30
News Quiz
May 29
News Quiz
May 27
News Quiz
May 26
News Quiz