Skip to main content
See every side of every news story
Published loading...Updated

India, Bhutan sign Rs 4,000 crore Line of Credit for energy projects during Jaishankar visit

  • On Friday, September 18, 2026, India and Bhutan welcomed the signing of a concessional Line of Credit of INR 4,000 crore for energy projects during External Affairs Minister S. Jaishankar's official visit to the country.
  • The two sides reviewed energy cooperation, recalling the inauguration of the 1020 MW Punatsangchhu-II Hydroelectric Project and the resumption of dam construction for the 1200 MW Punatsangchhu-I Hydroelectric Project.
  • Jaishankar and Bhutanese Foreign Affairs and External Trade Minister DN Dhungyel jointly inaugurated the 65-bedded Gyaltsuen Jetsun Pema Mother and Child Hospital, the Jaganathan Bridge, and the 500 kW Lunana Hydropower Project, transferring 54 electric vehicles and 43 Jersey cows.
  • Ministers also celebrated the operationalization of a Unified Payments Interface -based digital payment facility enabling Bhutanese nationals to make payments in India, while reaffirming support for the King's vision for the Gelephu Mindfulness City .
  • Appreciating the "special and multi-faceted India-Bhutan partnership," India thanked Bhutan for supporting its candidature for a non-permanent seat on the United Nations Security Council for 2028–2029, while welcoming Bhutan's ratification of the Framework Agreement of the International Big Cat Alliance .
Insights by Ground AI

17 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 78% of the sources lean Right
78% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Social News XYZ broke the news on Friday, September 18, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal