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Recent Current Affairs related to Bhutan

3 News
19 August 2026 AGREEMENTS

JSW Neo Energy Ltd (JSWNEL), a subsidiary of JSW Energy, has signed an agreement with the Druk Green Power Corporation Ltd (DGPC) of Bhutan to jointly develop the 920 Megawatt (MW) Punatsangchhu-III Hydroelectric Project.

The project is located on the Punatsangchhu River in the Wangdue Phodrang District of Bhutan.

The development will be executed through a Joint Venture (JV) company on a Build-Own-Operate-Transfer (BOOT) basis.

Under the agreement, DGPC will hold a 51% stake in the JV, while JSWNEL will hold the remaining 49% stake.

22 April 2026 AGREEMENTS

The 7th Joint Group of Customs (JGC) meeting between India and Bhutan was held in Munnar, Keralam. The session was co-chaired by Yogendra Garg, Special Secretary and Member (Customs) of the Central Board of Indirect Taxes and Customs (CBIC), and his Bhutanese counterpart Sonam Jamtsho.

India is the largest trading partner of Bhutan, accounting for 80% of the total trade volume of Bhutan. Bilateral trade between the two nations reached over $1.9 billion in FY25, showing a growth of more than 46% compared to FY24.

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