Print

PM Modi holds talks with King of Bhutan; inaugurates 1020 MW Hydroelectric Project

Prime Minister Narendra Modi today held a bilateral meeting with His Majesty the King of Bhutan, Jigme Khesar Namgyel Wangchuck, in Thimphu. The leaders exchanged views on enhancing bilateral ties and discussed regional and global issues of mutual interest. His Majesty conveyed condolences on the loss of lives in the recent Delhi tragedy.

PM Modi appreciated the vision of successive Druk Gyalpos in strengthening India-Bhutan friendship and cooperation. In response, the King acknowledged India’s invaluable support in Bhutan’s socio-economic development.

During the visit, both leaders offered prayers before the Holy Piprahwa Relics of Lord Buddha from India, enshrined at the Grand Kuenrey Hall, Tashichhodzong. The exposition of the relics coincides with the 70th birth anniversary of His Majesty the Fourth King and the Global Peace Prayer Festival organized by Bhutan for world peace and harmony.

PM Modi and the King jointly inaugurated the 1020 MW Punatsangchuu-II Hydroelectric Project, marking a significant milestone in the India-Bhutan energy partnership that has delivered tangible benefits to people in both nations.

The leaders also witnessed the signing of three MoUs in the areas of renewable energy, mental health services, and healthcare, aimed at further strengthening bilateral cooperation. Additionally, the Government of India announced a concessional Line of Credit of INR 4,000 crore for Bhutan to fund energy projects.

RELATED ARTICLES

29/05/26 | 8:19 pm | Puducherry

Govt notifies two new special economic zones in Puducherry

The Union government has notified two new Special Economic Zones (SEZs) in Puducherry as part of the continued push towards strengthening the country's industrial base, expanding exports, and deepening self-reliance in strategic sectors, according to...

29/05/26 | 6:29 pm | Debt Recovery Tribunals and Lok Adalats.

How India’s Insolvency Framework Has Evolved in 10 Years Under the IBC

India’s insolvency framework has undergone a major transformation over the past decade through the Insolvency and Bankruptcy Code (IBC), 2016, which replaced a fragmented and delay-ridden system with a unified, creditor-driven and time-bound mechan...

29/05/26 | 4:32 pm | Indian equity

Markets reverse early gains, end deep in red amid global uncertainty

Indian equity benchmark indices ended sharply lower on Friday after a volatile trading session, as uncertainty surrounding a possible US-Iran understanding triggered heavy selling in the final hour of trade. The Sensex closed at 74,775.74, down 1,09...