India & Bhutan reiterates their commitment to achieving the 10000MW target

At the invitation of His Majesty Jigme Khesar Namgyel Wangchuck, the King of Bhutan, Prime Minister of the Republic of India Mr.Narendra Modi paid a State Visit to Bhutan from 15-16 June 2014. The Prime Minister of India was accompanied by External Affairs Minister

Prime Minister Mr.Narendra Modi unveiled the Foundation Stone of the 600 Megawatt Kholongchu Hydropower Project which is a Joint Venture project between the Indian and Bhutanese PSUs, SJVNL and Druk Green Power Corporation. The construction of the Project which is located in Trashiyangtse in Eastern Bhutan will commence later this year. Ms. Sushma Swaraj, National Security Adviser Mr.Ajit Doval, Foreign Secretary Ms. Sujatha Singh and other senior officials of the Government of India.

The major discussions that took place were:

• The two sides exchanged views and held discussions on bilateral relations and economic cooperation as well as cooperation in regional and multilateral forums. They recalled the strong historical ties of friendship and understanding that exist between the governments and peoples of the two countries. They expressed satisfaction at the excellent state of bilateral relations and reaffirmed their commitment to further strengthen the special friendship between the two countries.
• The two sides acknowledged the importance of cooperation and mutual benefit arising from the hydropower sector between the two countries and expressed satisfaction on the progress being made. They reiterated their commitment to achieving the 10000 MW target.
• The two leaders expressed satisfaction with the completion of the Supreme Court building and the imminent commencement of the construction of the Kholongchhu Hydroelectric Project. They noted the tremendous benefits the Kholongchhu Project would bring to the people of Eastern Bhutan.
• The two sides expressed satisfaction with the cooperation between the two countries related to their mutual security. They agreed to continue with their close coordination and cooperation with each other on issues relating to their national interests, and not allow each other’s territory to be used for interests inimical to the other.
• The visit of Prime Minister Mr.Narendra Modi to Bhutan further strengthened the close bonds of friendship and cooperation between the two countries.