Agreement for hydroelectric project in Bhutan signed in presence of EAM Jaishankar
Monday, 29 June 2020 () "The Concession Agreement for the 600 MW Kholongchhu (Joint Venture) Hydroelectric Project between the Royal Govt of Bhutan and Kholongchhu Hydro Energy Limited was signed on 29 June in Thimphu, in the presence of S Jaishankar, external affairs minister, Govt of India and Lyonpo Tandi Dorji, foreign minister, Royal Govt of Bhutan," a press statement read.
External Affairs Minister S. Jaishankar during the signing ceremony of Concession Agreement for 600 MW Kholongchhu JV-Hydroelectric Project with Bhutan said Bhutan and India's shared values have shaped a common world view. S. Jaishankar said, "Bhutan and India have a truly unique relationship one...
Speaking on India-China border tensions, US Secretary of State, Mike Pompeo said, "I have spoken with Foreign Minister S Jaishankar a number of times about this. Chinese took incredibly aggressive actions and Indians have done their best to respond to that. There aren't many neighbours that can satisfactorily say that they know where their sovereignty ends and the Chinese Communist Party will respect that. That is certainly true now for people of Bhutan. The world must come together to respond to this. This increasing revisionist effort that the Chinese Communist Party (CCP) is engaged in is something that President Trump has taken incredibly seriously." He further said, "World has seen true colours of Chinese Communist Party and I am convinced more than ever that free people of the world will come to understand the threat. The impact General Secy Xi Jinping has on the world is not good for free and democracy loving people."
The World Bank and the Government of India on July 07 signed a loan agreement to enhance support for the Namami Gange Programme that seeks to rejuvenate the Ganga River. The USD 400 million operation comprises a loan of USD381 million and a proposed guarantee of up to USD 19 million. The agreement was signed between Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Qaiser Khan, Acting Country Director (India), on behalf of the World Bank. The guarantee instrument will be processed separately. The Second National Ganga River Basin Project will help stem pollution in the iconic river and strengthen the management of the river basin, which is home to more than 500 million people. Under the Namami Gange Programme, 313 projects have been sanctioned till March 2020 at a total cost of Rs 28,966 crore in different sectors. The National Ganga River Basin Project (NGRBP) is an important component of Namami Gange. A World Bank-funded National Ganga River Basin Project (Ganga -I) for an amount of USD600 million (Rs 4,535 crore) is currently ongoing and is approved up to December 31, 2021 for funding infrastructure projects of pollution abatement in the river Ganga. The loan would be for a period of five years up to December 2026. The World Bank has been supporting the government's efforts since 2011 through the ongoing National Ganga River Basin Project. The USD400 million operation includes a proposed guarantee of up to USD19 million to backstop the government's payment obligations for three Hybrid-Annuity-Model Public-Private Partnership (HAM-PPP) investments on the Ganga's tributaries.
Under Integrated Watershed Management Programme (IWMP), a Government of India scheme, the Jammu and Kashmir government is constructing ponds in Udhampur's Peroya Jagir. Step was taken to aid villagers in solving water issues. Under the scheme, 7 ponds are being built currently. Project Officer IWMP says, "Construction of 6 ponds completed while the last one is under progress. The project generated employment and will solve water issues here."
On July 04, India reported 442 deaths and highest single-day spike of 22,771 new COVID-19 cases in the last 24 hours. According to the Ministry of Health and Family Welfare, positive cases stand at 6,48,315 including 2,35,433 active cases, 3,94,227 cured/discharged/migrated and 18,655 deaths. As per the Government of India, the recovery rate has further improved to 60.80 percent. The recoveries/deaths ratio is 95.48 percent : 4.52 percent now. The total number of samples tested up to July 03 is 95,40,132 of which 2,42,383 samples were tested yesterday, informed the Indian Council of Medical Research (ICMR).
A concession agreement for the 600 MW Kholongchhu Indo-Bhutan joint venture hydroelectric project was signed on Monday, paving the way for the commencement of its construction and other related works...
Credit: HT Digital Content Duration: 01:47Published
External Affairs Minister Dr S Jaishankar attended the signing ceremony of Concession Agreement for 600 MW Kholongchhu JV-Hydroelectric Project with Bhutan on June 29. Jaishankar graced the meeting via..