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Category: General

COMMERCIAL PAPER


Sonam Lhaden General, jumbotron

 Bhutan Power Corporation Limited (BPCL) is floating commercial paper at a face value of Nu.100,000.00 for each unit with the following details:

MMI Registration NoNo of unitsDuration (days)Discount rateDate of subscriptionDate of allotmentDate of maturity
CP-2024-VI6,000.001806.00%21.06.2024-27.06.202428.06.202425.12.2024

The Honorable Chief Executive Officer, Bhutan Power Corporation Limited inaugurated the newly constructed State of the Art Central Warehouse at Singye, Pasakha on May 10, 2024. The momentous occasion was attended by Director (DD), Director (CPD), GM (PD) and heads of BPC Divisions and external relevant agencies in Phuentsholing. The warehouse is constructed for Central Stores, Procurement Division, Phuentsholing for storing utility materials which will then be distributed to all micro-stores and other users in the country. The multi-level store (three level) is constructed using pre-engineered building (PEB) with all the modern warehouse features such as industrial lifts, racks and EOT crane and is designed for operating forklifts and reach trucks for efficient operation and management of materials. The warehouse marks a new milestone in BPC that will help Central Stores to efficiently manage receipt, storage and dispatch of materials as per latest industry practices and thereby will contribute to enhanced inventory management system in BPC.

In a bid to reinforce its commitment to sustainability and responsible business practices, the Bhutan Power Corporation (BPC) recently collaborated with the International Finance Corporation (IFC) to undergo intensive training sessions. These sessions aimed at bolstering BPC’s Environmental, Social, and Governance (ESG) standards, ensuring that its projects align with global best practices.

The IFC conducted two comprehensive training programs for BPC personnel. Firstly, spanning from the 19th to the 20th of March, an in-depth training session focused on framing Environmental Social Governance (ESG), delving into IFC’s Performance standards relevant to BPC’s projects. This training also explored gender dynamics and addressed risks associated with gender-based violence and harassment.

Subsequently, from the 25th to the 26th of March, another two-day session centered on FIDIC Strategic and Contract Management Training. This segment provided BPC engineers and project employees with practical insights into the utilization of FIDIC Conditions of Contract.

The primary goal of these initiatives is to elevate BPC’s sustainability standards and enhance its practices in Environment, Social, and Governance realms. By equipping BPC with tools for integrating environmental and social considerations into its operations, and refining contract management skills, the initiative aims to fortify BPC’s position as a socially responsible entity.

BPC’s proactive engagement in such training programs not only aligns with global trends towards responsible business practices but also positions the corporation as a regional leader. By actively contributing to a more sustainable and socially responsible business environment, BPC sets a benchmark for others to follow.

The collaboration between BPC and IFC signifies a significant stride towards fostering sustainability and responsible business practices within the region. Through these training endeavors, BPC not only enhances its operational standards but also reinforces its commitment to environmental stewardship and social responsibility. Such initiatives are crucial steps towards building a more sustainable and inclusive future for Bhutan and beyond.

Salang Tendrel (Ground-Breaking) Ceremony for Design, Supply, Installation, Testing and Commissioning, and Associated Civil Works of 400/220/66/33 kV Indoor Gas Insulated Substation at Norbugang Industrial Park (NIP), Samtse, was held on the 3rd of February, 2024.

The Salang was graced by the Honorable CEO of Bhutan Power Corporation and presided over by the venerable Lam Neten of Samtse Dzongkhang. The Dasho Dzongdag of Samtse Dzongkhag, accompanied by Directors of Departments and General Managers of Divisions from BPC HQ, colleagues from ESD Samtse, and counterparts from contractors, graced the event.

The 400/220/66/33 kV Gas Insulated Substation (GIS) has been constructed to provide a reliable and efficient power supply to the industries located at Norbugang Industrial Park, Samtse.

The honorable CEO presided over the inauguration ceremony of the foundation for the 132kV D/C Transmission Line from 52MW Burgangchu HEP to 132kV Tingtibi Ngalam TL LILO on November 22, 2023. This momentous occasion was attended by the Director (TD), Director (CSD), GM (CD) and GM ( DCSD).

The CEO also laid Sachu Bumter to commemorate the successful completion of the project without any natural calamities.

The project office extends its gratitude to BPC management for entrusting us with the project. Special thanks are also extended to the CEO and the entire team for their invaluable contribution to the project, marking a significant milestone and inspiring and motivating the project team.

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