India and Bhutan signed concession agreement on the 600 MW Kholongchhu hydroelectric project (KHEL) on Monday (June 29). The hydroelectric project will be the first-ever joint venture project to be implemented in Bhutan. The joint venture partners of the project are India's Satluj Jal Vidyut Nigam Limited (SJVNL) and Bhutan's Druk Green Power Corporation Limited (DGPC).
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