Category: General

CORPORATE BOND


Tashi Lhamo General, jumbotron, Tender

Bhutan Power Corporation Limited (BPCL) is issuing a corporate bond worth Nu. 4,000.00 million with the following offer details:

Issue price per unitNumber of units offeredTermCoupon
rate per annum
Opening dateClosing dateAllotment date
Nu. 1,000.004,000,000.0010 years8.5%23.04.202508.05.202509.05.2025

For subscription inquiries, contact the following officials of the Royal Insurance Corporation of Bhutan Ltd:

  1. Mr. Parsuram Tirwa, head of Securities unit at 17612015
  2. Mr. Sangay Tenzin at 77487283
  3. Mr. Sarita Powdel at 17970963

Please visit www.rsebl.org.bt to view the abridged prospectus.

Bhutan Power Corporation Limited has appointed Mr. Pushpa Lal Acharya as the General Manager of the Procurement Division, Construction & Procurement Department.

Mr. Acharya brings with him over 27 years of extensive experience across key operational departments, including Transmission, Construction, and Distribution. His profound understanding of the power system lifecycle will greatly contribute to a more integrated and strategic approach to procurement within the organization.

He holds a Master’s degree in Electrical Engineering, and prior to this appointment, he served as the Chief Divisional Manager of the Electricity Services Division (ESD), Gelephu, where he exhibited exemplary leadership and dedication.

BPC extends heartfelt congratulations to Mr. Pushpa Lal Acharya.

This is to notify the general public that the newly constructed 132kV Double Circuit Transmission Line from Jigmeling Substation to the Bitd-deer Substation in Jigmeling under Sarpang Dzongkhag for the Power supply to Bitdeer shall be test charged on 20 March, 2025 from 1000hours and shall remain charged thereafter.

Therefore, all the general public in the vicinity of the transmission lines are requested to keep themselves and their animals away from the above-mentioned lines to avoid any accidents.

This is to inform our customers that ESD, Thimphu will be relocating back to our previous premises following the successful completion of renovation works. Effective January 1, 2025, all public services will be provided from the newly upgraded facility, ensuring enhanced efficiency and a more conducive environment for our valued customers.

Office Address: Chubachu (As indicated in the map)
Contact Details: 1250
For any queries or assistance, please reach out to us using the contact details provided above. We look forward to serving you with improved facilities and renewed commitment.

Electricity Services Division, Thimphu
Bhutan Power Corporation Ltd.

PRESS RELEASE


Sonam Lhaden General, jumbotron

Industrial Power Supply at Norbugang Industrial Park, Samtse

Bhutan Power Corporation Limited (BPC) was directed by the Royal Government of Bhutan to initiate the construction work for power supply arrangement at Norbugang Industrial Park, at Samtse to relocate the Industries from the Jigmeling Industrial Park, Gelephu. 

Accordingly, a 400/220/66/kV GIS substation is being constructed to supply 300 MW power at Norbugang by June 2025. The commissioning of the power supply works at various voltage levels are scheduled in a phased manner.

The completion of the first phase of the Norbugang Industrial Park power supply was marked with the successful commissioning of 66 kV Gas Insulated Substation on 28th September 2024. The Secretary, MoENR inaugurated the commissioning.

The commissioning of the 66 kV GIS ensures timely power supply arrangements for the upcoming industries in the Norbugang Industrial Park. With the charging of the 66 kV system, 30 MVA power is now operational to provide a reliable power supply to the industries.

In the next phase, the 220 kV power system is scheduled to be completed by December 2024 and in the final phase, the 400 kV systems will be commissioned by March 2025. BPC is expeditiously carrying out the power infrastructure development and the project has been scaled to address the urgent demands of power for Norbugang Industrial Park. Based on the progress of the work achieved, thus far, the system will be commissioned at full capacity by June 2025.

This accomplishment reflects the steadfast approach of the BPC and associated contractors to ensure timely power supply in line with the planned industrial development. The major contractors involved are, M/s. Siemens Limited, India for the Design, Supply, and Construction of the 400/220/66/33 kV GIS; M/s. Kalpataru Projects International Limited for the Design, Supply and Construction of the 400 kV, 220 kV, and 66 kV double-circuit transmission lines; and M/s. Rigsar Construction Private Limited for the associated civil works at 400/220/66/33kV substation.

The power supply arrangement at the Norbugang Industrial Park is estimated to cost Nu 4.112 billion.

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