Draft Report On Data Collection - R0
Draft Report On Data Collection - R0
TableReport
of Content
on
List of Figures............................................................................................................................ii
Data Collection and Necessary Support in
List of Tables............................................................................................................................iii
List ofBhutan for JICA Data Collection Survey for
Abbreviations................................................................................................................iv
Prepared by:
JANUARY 2021
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
(Bangladesh, Bhutan, India and Nepal)
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List of Figures
Figure 1: Organization Structure of DHPS................................................................................5
Figure 2: Organization Structure of BEA..................................................................................6
Figure 3: Organization Structure of DGPC................................................................................8
Figure 4: Organization Structure of BPC...................................................................................9
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
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List of Tables
Table 1: Energy Export and Import.........................................................................................13
Table 2: 2017 Monthly Energy Interchanges at Interconnection Points in MU......................15
Table 3: 2018 Monthly Energy Interchanges at Interconnection Points in MU......................16
Table 4: 2019 Monthly Energy Interchanges at Interconnection Points in MU......................17
Table 5: Year-wise Energy Supply, Demand and Balance......................................................18
Table 6: Monthly Data on Supply, Demand and Balance of Energy.......................................19
Table 7: Salient Features of CHP.............................................................................................21
Table 8: Salient Features of CHP.............................................................................................21
Table 9: Salient Features of CHP.............................................................................................22
Table 10: Salient Features of BHP Upper Stage......................................................................23
Table 11: Salient Features of BHP Lower Stage.....................................................................23
Table 12: Salient Features of DHCL........................................................................................24
Table 13: Salient Features of MHP..........................................................................................24
Table 14: Salient Features of PHEP-I......................................................................................25
Table 15: Salient Features of PHEP-II.....................................................................................26
Table 16: Salient Features of NHP...........................................................................................26
Table 17: Salient Features of KHEP........................................................................................27
Table 18: Salient Features of KGHEP.....................................................................................27
Table 19: Salient Features of DHEP........................................................................................28
Table 20: Salient Features of SHEP.........................................................................................28
Table 21: Details of Interconnection Points.............................................................................31
Table 22: Details of Cross-Border Grid Connection Projects..................................................34
Table 23: List of Power Related Projects / Activities..............................................................35
Table 24: Tariff Structure from 1st July 2020 to 30th June 2022..............................................36
Table 25: Financial Position Statement of BPC from 2015-2019............................................37
Table 26: Comprehensive Income Statement of BPC from 2015-2019..................................39
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
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List of Abbreviations
BBIN - Bangladesh, Bhutan, India and Nepal
BPC - Bhutan Power Corporation
TEPCO - Tokyo Electric Power C
DHPS - Department of Hydropower & Power Systems
WTE - Waste to Energy
DRE - Department of Renewable Energy
EE&C - National Energy Efficiency and Conservation
PSMP - Power System Master Plan
MCA - Multi-Criteria Analysis
INDC - Intended Nationally Determined Contribution
UNFCCC - United Nations Framework Convention on Climate Change
GHGs - Green House Gases
RGoB - Royal Government of Bhutan
GoI - Government of India
PPA - Power Purchase Agreement
SHDP - Sustainable Hydropower Development Policy
PSMP - Power System Master Plan
NTGMP - National Transmission Grid Master Plan
BEA - Bhutan Electricity Authority
DGPC - Druk Green Power Corporation Limited
DHI - Druk Holding and Investment Limited
ICT - Information, Communication, and Technology
kV - kilo Voltage
MW - Megawatt
MU - Million Unit
kWh - kilo-Watt hour
WBSEB - West Bengal State Electricity Board
ASEB - Assam State Electricity Board
IPPs - Independent Power Producers
CHP - Chhukha Hydropower Plant
KHP - Kurichhu Hydropower Plant
THP - Tala Hydropower Plant
BHP - Basochhu Hydropower Plant
DHCL - Dagachhu Hydropower Corporation Limited
PPP - Public-Private Partnership
MHP - Mangdechhu Hydropower Plant
PHEP - Puntshangchhu Hydro Electric Project
NHEP - Nikachhu Hydro Electric Project
KHEP - Kholongchhu Hydro Electric Project
SJVNL - Satluj Jal Vidyut Nigam Limited
KGHEP - Kuri-Gongri Hydro Electric Project
D/C - Double Circuit
S/C - Single Circuit
MCM - Million Cubic Meters
DHEP - Dorjilung Hydro Electric Project
SHEP - Sankosh Hydro Electric Project
LBB - Local Breaker Back-up
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
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Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
(Bangladesh, Bhutan, India and Nepal)
1
Chapter 1 Introduction
To meet the increasing demand for electric power in the South Asian region due to rapid
economic development and its high power demand, TEPCO Power Grid, Inc. under the JICA
project is collecting information and data for strengthening power connectivity in
Bangladesh, Bhutan, India, and Nepal in the South Asian region. Due to the pandemic,
Bhutan Power Corporation Limited has been awarded the works for “Data Collection and
Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration
in BBIN (Bangladesh, Bhutan, India, and Nepal)” by TEPCO Power Grid Inc. from the
concerned organizations and authorities that are related to the power sector in Bhutan.
The organizations that are dealing with electric power are the Department of Hydropower &
Power Systems (DHPS) under the Ministry of Economic Affairs, Royal Government of
Bhutan, Bhutan Electricity Authority, Druk Green Corporation Limited, and Bhutan Power
Corporation Limited. There are also the Hydro Electric Project Authorities that are currently
taking up the construction of hydropower projects in Bhutan viz. Puntsangchhu Hydro
Electric Project I&II and Kholongchhu Hydro Electric Project.
The information and data required as per the service agreement between TEPCO Power Grid
Inc. and Bhutan Power Corporation Limited are collected from the organizations and
authorities as reported in the subsequent chapters.
2
The Royal Government of Bhutan has the following policies and guiding documents on the
energy sector.
1. Electricity Act of Bhutan 2001
The Electricity Act of Bhutan 2001 was enacted by the National Assembly of Bhutan with
the purpose to provide for the restructuring of the electricity supply industry; the
establishment of Bhutan Electricity Authority; the technical regulation of the electricity
supply industry; the private sector participation in the electricity supply industry and to
empower the government to participate in the formation of any company to carry out all or
any of the purpose of the Act. The objectives of the Act are to promote a safe and reliable
supply of electricity throughout the country; to enhance revenue generation through the
export of electricity; to develop socio-economic welfare of the people; to promote economic
self-reliance of the country through the development of financially viable and reliable
electricity industry; to promote the development of renewable energy resources; to take
environmental considerations into account when developing electricity industry and to
promote efficiency in management and service delivery. The Act is currently under revision.
2. Bhutan Sustainable Hydropower Development Policy 2008
The Bhutan Sustainable Hydropower Development Policy 2008 was developed with the
objectives to mobilize funds and attract investments for accelerated hydropower
development; enhance revenue contribution to the Royal Government; contribute to socio-
economic development; ensure domestic electricity supply security and reliability; ensure that
the hydropower development is following the sustainable development policy of the Royal
Government of Bhutan keeping in view the fragile mountain ecosystem of the country and to
contribute towards the development of clean energy to mitigate problems related to global
warming and climate change. The policy is currently under revision.
3. Alternative Renewable Energy Policy 2013
The Alternative Renewable Energy Policy 2013 was approved in the 152nd meeting of the
Lhengye Zhungtshog (Council of Ministers) held on 5 th February 2013 and this policy aims at
providing necessary direction for the promotion and development of Renewable Energy (RE)
that not only contribute to meeting the current requirements but also shape future energy
security options for the nation. The Bhutan Sustainable Hydropower Development Policy
2008 and the Economic Development Policy 2010 recognize the need for this policy for the
promotion of RE to ensure national energy security. Renewable Energy Technology in this
policy covers solar, wind, bio-energy, geothermal, Pico/micro/mini/small hydro up to 25MW,
and Waste to Energy (WTE). The Department of Renewable Energy (DRE) under the
Ministry of Economic Affairs is the nodal agency for the implementation of this policy.
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The Domestic Electricity Tariff Policy 2016 was approved by the Royal Government of
Bhutan during the 98th session of the Lhengye Zhungtshog (Council of Ministers) held on 1 st
March 2016 in line with the provisions of the Electricity Act of Bhutan 2001 as a guideline
for domestic tariff determination. The objectives of the policy are to ensure fairness to both
service customers and service providers; to ensure recovery of the actual cost of efficient
business operation of electric utilities and enable investments in expansions and
upgradations; to provide affordable tariff to improve the quality of life of the people through
rationalized and targeted subsidy mechanism; to promote transparency and predictability in
tariff setting; to promote conservation of the environment to ensure the sustainability of the
hydropower resource and to promote sustainable economic and industrial growth.
5. National Energy Efficiency and Conservation Policy 2019
The National Energy Efficiency and Conservation (EE&C) Policy 2019 has been developed
to address the energy side demand management focusing on energy-intensive sectors. This
policy aims at creating enabling environment for the adoption of EE&C measures in
buildings, appliances, and industry and transport sectors since there exists a huge potential to
improve. The policy will strive to realize the energy-saving potential of 155GWh annually
through the use of efficient equipment, appliances and construction materials in the building,
appliance, and industry sector. In the transport sector, this policy aims to reduce energy
consumption from fossil fuels through alternative solutions and efficient utilization of
resources to save bills on the import of fossil fuel and reduce harmful emissions.
6. Grid Code Regulation 2008
The Grid Code Regulation 2008 was approved during the 9th Commission Meeting held on
28th March 2008 with a purpose to establish the basic rules, procedures, guidelines, and
standards to be followed by the various Licensees and all power utilities connected to the
transmission system to plan, develop, maintain, and ensure secure, reliable, and efficient
operation of the transmission system economically. The objective of the Grid Code
Regulation is to establish a single set of technical rules, applicable to all the entities
connected to, or using the transmission system. The Grid Code Regulation provides
documentation of the principles and procedures which define the relationship between the
Licensees using the transmission system, as well as the system operator and the ministry;
facilitation of the planning, development, operation & maintenance of an economic and
reliable transmission system; and facilitation for the trading of electricity by defining a
common basis of operation of a transmission system, applicable to all the users of the
transmission system.
7. Tariff Determination Regulation 2016
BEA has adopted Tariff Determination Regulation 2016 applicable to all Licensees including
Generation Licensee, Transmission Licensee, Distribution and Supply Licensee, and System
Operation Licensee to provide for the determination of electricity prices following the
Electricity Act of Bhutan, 2001 and the Domestic Electricity Tariff Policy 2016.
8. Power System Master Plan 2040
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The 10,000MW of hydropower development was implemented with the assistance of the
Government of India (GoI) based on the Power System Master Plan (PSMP) formulated in
2004. The revision was carried out with the purpose to reassess the overall hydropower
potential including the techno-economic potential of the country considering the availability
of the detailed hydrological information and data based on the newly established hydrological
network and advanced planning technologies; to ensure judicious identification and selection
of the most optimal and promising projects and rank them in the order of viability by
undertaking Multi-Criteria Analysis (MCA) or other internationally acceptable methods; to
engage in effective consultative process among the concerned stakeholders for identification,
selection and development of a list of projects by 2040 for optimum utilization of river basin
potentials based on market opportunities and nation’s absorptive capacity; and to build and
enhance the institutional capacity to assess, plan, review, update and implement the PSMP.
9. Intended Nationally Determined Contribution (INDC) 2015 and NDC 2016
The Kingdom of Bhutan committed UNFCCC to remain carbon neutral in 2009 by ensuring
that our emission of GHGs does not exceed the sink capacity of our forest. During this
commitment, Bhutan has called on the global community to support the resolution and efforts
in fulfilling this commitment and support Bhutan to undertake appropriate mitigation and
adaptation measures. The mitigation and adaptation measures are included in INDC 2015 and
Bhutan has committed to maintaining 60% of the total land under forest cover for all time to
ensure that emission of GHGs does not exceed the sink capacity.
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Four organizations are dealing with the power sector in Bhutan viz., Department of
Hydropower & Power Systems, Bhutan Electricity Authority, Druk Green Power Corporation
Limited, and Bhutan Power Corporation Limited.
The DHPS is one of the departments under the Ministry of Economic Affairs (MoEA), Royal
Government of Bhutan. The organizational structure of DHPS is as shown in figure 1. The
department is headed by a Director and has three divisions viz. Planning & Coordination
Division, Hydropower Development Division, and the Power System Division.
DHPS serves as the central coordination agency and the focal point of RGoB on all
matters related to hydropower and power systems. This includes initiating and leading the
bilateral and multilateral meetings and negotiations on electricity trade (PPA) and tariff,
major project investment and financing and Concession Agreements, transmission system
development, and coordination, including participation in the regional and international
forums.
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Power systems planning/grid expansions including power export evacuation planning and
timely updating of the National Transmission Grid Master Plan (NTGMP). The
department is also responsible for long-term power system planning including Five Year
Plans and energy supply and demand balance study and strategic planning for power
infrastructure. Load flow studies are also carried for optimum utilization of existing
infrastructures and expansion of grid/transmission networks.
The BEA was initially established as a functional autonomous agency as per Section 7 of the
Electricity Act of Bhutan, 2001 to restructure and regulate the electricity supply industry, to
allow private sector participation in the electricity supply industry based on the Policy
approved by the Royal Government of Bhutan and to empower the Royal Government to
create companies for carrying out all or any of the purpose of the Act. The BEA was however
granted full autonomy by the Royal Government from January 2010. The Authority consists
of four Commission members and a Chairman, appointed by the Minister as per the
Electricity Act of Bhutan, 2001 and has a full-time Secretariat in Thimphu which is headed
by a Chief Executive Officer, who is also the Member Secretary to the Authority. The
organizational structure of BEA is as shown in figure 2.
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Technical
Technical Division
Licensing
Licensing &
Division
Monitoring
Monitoring &
Division
Division
Director
Director
Chief
Chief Executive
Division
Division
Tariff
Tariff
Commissioners
Commissioners
Executive Officer
Minister
Minister
Communication
Communication Division
Officer
Policy,
Policy, Research
Specialist
Specialist
Research &
Division
&
Accounts
Administration
Accounts Division
Administration &
Division
&
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To establish a dispute resolution process and settle the dispute between Licensees and
between Licensees and customers relating to the enforcement of this Act, regulations,
standards, codes, licenses or contracts to be approved by the Authority, and concession
agreements entered into between the Minister and Licensees, or otherwise any other
arrangement for settlement of disputes which are not determined by the mentioned legal
instruments; and
Any other duties or responsibilities delegated by the Minister.
DGPC is an electric utility company that operates and maintains the hydropower assets of
Bhutan. It was established in January 2008 through the merger of the three hydropower
corporations of Basochhu, Chhukha, and Kurichhu. Tala was merged with DGPC in 2009.
With an installed capacity of 1,606 MW, the company’s mission is to efficiently manage
existing hydropower plants and accelerate hydropower development in Bhutan by developing
new hydropower projects. As more projects were planned and developed and the electricity
grid expanded to cover every nook and corner of the country, Bhutan embarked on
restructuring the sector at the start of the 21st century through the adoption of several new
policies and legislative interventions. The organizational structure of DGPC is as shown in
figure 3.
BOARD
Managing
Director
1. Basochhu HPP
Subsidiary Companies 2. Chhukha HPP
3. Kurichhu HPP
4. Tala HPP
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To effectively and efficiently manage hydropower plants and maximize returns to the
shareholder.
To take a lead role in accelerating hydropower development in the kingdom by
developing new hydropower projects independently through joint ventures or any other
arrangements with domestic and international partners.
To provide energy security for domestic consumption, fuel economic growth, and also to
explore other forms of renewable energy other than hydropower.
To build capacity in hydropower development and management through recruitment and
training of professionals to meet the current human resources requirements of the
company while at the same time ensuring a robust expansion and succession plan.
To be a responsible, proactive, and progressive company with a highly motivated and
dedicated team of professionals.
To upgrade, refurbish and increase the capacity of hydropower plants for optimal
utilization of assets.
To conduct technical feasibility studies and detailed project reports of new hydropower
plants for investments etc.
BPC was formed as an offshoot of the erstwhile Department of Power, the then Ministry of
Trade and Industry, and was launched as a Public Utility Company on 1st July 2002 with an
objective that the corporatization of the utility functions would lead to greater efficiency and
better delivery of electricity supply services in the power sector. Later, the ownership was
transferred to Druk Holding and Investment Limited (DHI), the commercial arm of the Royal
Government of Bhutan, established in 2007 upon issuance of Royal Charter in 2007 “to hold
and manage the existing and future investments of the Royal Government for the long term
benefit of the people of Bhutan”. The organizational structure of BPC is as shown in figure 4.
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Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
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The load forecasting is important for electric generation, transmission, distribution, system
operator, and markets as it helps the planning agency and utility to make important decisions
on purchasing and generating electric power and infrastructure development. As per the
National Transmission Grid Master Plan (NTGMP) of Bhutan – 2018, the load forecast or
power demand forecast study has been carried out by DHPS till 2040 taking into
consideration the load growth pattern of 23 major substations from 2007 to 2017 and power
requirements from the Industrial Estates. Accordingly, the power demand forecast for 2030,
2035, and 2040 are as given below:
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The Greenhouse Gases (GHG) are Water Vapor (H 2O); Carbon Dioxide (CO2); Methane
(CH4); Nitrous Oxide (N2O); Ozone (O3); Chlorofluorocarbons (CFCs) and
Hydrofluorocarbons (HFCs). As per INDC 2015, the emission of CO 2 from the energy sector
increased from 0.27 million tons in 2000 to 0.79 million tons in 2013. Similarly, emissions
from the industrial processes increased from 0.24 million tons to 0.6 million tons of CO 2, and
emissions from waste management increased from 0.047 million tons to 0.16 million of CO2.
As per the assessment on INDC of ADB developing members, Bhutan committed to offset up
to 22.4 million tons of CO2 per year by 2025 in the region through the export of electricity
from our clean hydropower projects; renewable energy generation; energy demand-side
management by promoting energy efficiency in appliances, buildings and industrial processes
and technologies and clean renewable and climate-resilient energy generation, etc.
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
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In 2017, the major hydropower plants under DGPC generated 7,709.221 MU of energy and BPC
purchased 2,326.385 MU of energy, and the remaining 5,306.564 MU of energy was exported to
India as per the BPC Power Data Book 2017. In the same year, BPC imported 0.083 MU of
energy from the West Bengal State Electricity Board (WBSEB) and 0.123 MU of energy from
the Assam State Electricity Board (ASEB) that totals 0.206 MU of energy.
In 2018, the major hydropower plants under DGPC generated 6,940.634 MU of energy and BPC
purchased 2,461.551 MU of energy, and the remaining 4,437.921 MU of energy was exported to
India as per the BPC Power Data Book 2018. In the same year, BPC imported 0.258 MU of
energy from the WBSEB and 0.064 MU of energy from the ASEB that totals 0.322 MU of
energy.
In 2019, the major hydropower plants under DGPC generated 8,646.256 MU of energy and BPC
purchased 2,419.422 MU of energy, and the remaining 6,63.195 MU of energy was exported to
India as per the BPC Power Data Book 2019. In the same year, BPC imported 0.003 MU of
energy from the WBSEB and 0.050 MU of energy from the ASEB that totals 0.052 MU of
energy.
The consolidated energy export and import from 2017 to 2019 is as given in table 1.
Table 1: Energy Export and Import
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There following transmission lines are used for the export and import of energy from Bhutan to
India and vice-versa.
1. 400kV Tala-Siliguri Feeder 1
2. 400kV Tala-Siliguri Feeder 2
3. 400kV Malbase-Siliguri Feeder 3
4. 400kV Malbase-Siliguri Feeder 4
5. 220kV Chhukha-Birpara Feeder 1
6. 220kV Chhukha-Birpara Feeder 2
7. 220kV Malbase-Birpara Feeder 3
8. 132kV Kurichhu-Gelephu-Salakati
9. 132kV Kurichhu-Motanga-Rangiya
10. 400kV Jigmeling-Alipurduar Feeder 1
11. 400kV Jigmeling-Alipurduar Feeder 2
12. 400kV Jigmeling-Alipurduar Feeder 3
Accordingly, the monthly energy interchanges through the above interconnecting points for the
years 2017, 2018, and 2019 are as given in table 2, table 3, and table 4 respectively. The hourly
records of specific days designated by the survey team shall be furnished as and when desired by
the survey team.
As per the Power Purchase Agreement (PPA) between the Government of Bhutan and the
Government of India, the energy generated from Tala Hydropower Pant and Kurichhu
Hydropower Plant are exported at Nu. 2.12 Per kWh. The energy generated from Chhukha
Hydropower Plant and Mangechhu Hydropower Plant is exported at Nu. 2.55 Per kWh and Nu.
4.12 Per kWh respectively.
Other than pricing, there are no current issues while exporting and importing the energy from
Bhutan to India and vice-versa. Bhutan exports energy at a lower rate and imports energy during
the lean season at a higher rate.
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Name of Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Year 2017
Sl.No
Interconnectio Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import
400kV Tala-
1 Siliguri Feeder-1 48.518 0.000 13.929 0.000 0.000 0.000 13.220 0.000 62.646 0.000 143.927 0.000 224.076 0.000 200.913 0.000 174.501 0.000 118.997 0.000 87.349 0.000 13.093 0.000 1101.169 0.000
400kV Tala-
2 Siliguri Feeder-2 17.755 0.000 0.000 0.000 31.045 0.000 86.753 0.000 96.719 0.000 142.964 0.000 222.379 0.000 199.272 0.000 153.008 0.000 91.322 0.000 0.000 0.000 43.066 0.000 1084.283 0.000
400kV Malbase-
3 Siliguri Feeder-3 20.142 0.000 17.955 0.000 37.329 0.000 69.062 0.000 6.583 0.000 0.000 -22.648 130.798 0.000 181.170 0.000 157.537 0.000 92.541 0.000 27.766 0.000 38.861 0.000 779.744 -22.648
400kV Malbase-
4 Siliguri Feeder-4 0.000 0.000 17.887 0.000 20.958 0.000 10.553 0.000 88.427 0.000 138.797 0.000 215.976 0.000 192.726 0.000 167.763 0.000 113.868 0.000 65.012 0.000 0.000 0.000 1031.967 0.000
220kV Chhukha-
Birpara Feeder-1
5 0.044 0.000 0.000 -0.052 0.000 0.000 10.382 0.000 29.944 0.000 46.246 0.000 92.661 0.000 91.012 0.000 83.302 0.000 57.369 0.000 22.555 0.000 15.083 0.000 448.598 -0.052
220kV Chhukha-
Birpara Feeder-2
6 7.792 0.000 8.801 0.000 32.016 0.000 21.023 0.000 29.555 0.000 45.859 0.000 92.432 0.000 90.252 0.000 84.457 0.000 63.361 0.000 13.847 0.000 3.422 0.000 492.815 0.000
220kV Malbase-
Birpara Feeder-3
7 0.000 -3.142 0.000 -11.179 0.000 -36.253 0.000 -5.929 0.000 -15.615 0.000 -3.882 17.521 0.000 52.562 0.000 48.557 0.000 21.415 0.000 0.000 -7.778 0.000 -15.979 140.055 -99.758
132kV Gelephu-
8 Salakati 0.000 -10.939 0.000 -11.920 0.000 -9.226 0.000 -8.839 0.000 -6.038 0.000 -0.813 4.130 0.000 17.138 0.000 9.208 0.000 3.951 0.000 0.000 -5.423 0.000 -14.269 34.427 -67.467
132kV Motanga-
9 Rangiya 0.000 -8.502 0.000 -5.182 0.000 -3.755 0.000 4.298 15.330 0.000 14.137 0.000 8.410 0.000 0.000 -0.543 0.000 -20.456 10.415 0.000 0.000 -0.349 0.000 -1.547 48.292 -36.036
94.250 -22.583 58.571 -28.334 121.348 -49.234 210.994 -10.470 329.204 -21.653 531.929 -27.343 1008.383 0.000 1025.045 -0.543 878.334 -20.456 573.239 0.000 216.527 -13.550 113.525 -31.795 5161.349 -225.961
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Name of Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Year 2018
Sl.No
Interconnection Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import
400kV Tala-
1 Siliguri Feeder-1 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 24.706 0.000 158.228 0.000 199.591 0.000 178.475 0.000 88.999 0.000 14.623 0.000 24.325 0.000 688.946 0.000
400kV Tala-
2 Siliguri Feeder-2 40.172 0.000 16.651 0.000 0.000 0.000 32.224 0.000 71.460 0.000 116.186 0.000 207.779 0.000 197.981 0.000 110.866 0.000 43.346 0.000 73.501 0.000 43.310 0.000 953.476 0.000
400kV Malbase-
3 Siliguri Feeder-3 25.555 0.000 7.500 0.000 12.356 0.000 18.484 0.000 75.711 0.000 99.638 0.000 187.830 0.000 176.607 0.000 157.450 0.000 74.905 0.000 0.000 -32.564 0.000 -0.151 836.036 -32.715
400kV Malbase-
4 Siliguri Feeder-4 0.000 0.000 4.934 0.000 25.087 0.000 18.048 0.000 76.801 0.000 111.510 0.000 200.513 0.000 191.172 0.000 79.283 0.000 39.792 0.000 9.511 0.000 10.089 0.000 766.740 0.000
220kV Chhukha-
5 Birpara Feeder-1 0.000 -2.348 0.000 -3.858 0.000 -1.319 2.625 0.000 29.222 0.000 49.439 0.000 78.956 0.000 87.091 0.000 78.962 0.000 37.820 0.000 4.935 0.000 0.000 -0.490 369.050 -8.015
220kV Chhukha-
6 Birpara Feeder-2 0.000 -0.058 0.000 -3.859 0.000 -1.568 2.324 0.000 29.597 0.000 49.523 0.000 86.130 0.000 86.402 0.000 47.731 0.000 28.474 0.000 4.935 0.000 0.000 0.000 335.116 -5.485
220kV Malbase-
7 Birpara Feeder-3 0.000 -28.288 0.000 -22.162 0.000 -28.382 0.000 -20.482 0.000 -0.913 14.616 0.000 49.079 0.000 47.940 0.000 47.731 0.000 6.267 0.000 0.000 -21.756 0.000 -33.798 165.634 -155.781
132kV Gelephu-
8 Salakati 0.000 -15.232 0.000 -13.439 0.000 -14.725 0.000 -12.480 0.000 -7.328 0.000 -2.088 4.362 0.000 3.249 0.000 5.177 0.000 0.000 -3.479 0.000 -12.474 0.000 -16.556 12.788 -97.801
132kV Motanga-
9 Rangiya 0.000 -3.784 0.000 -4.931 0.000 -3.654 4.663 0.000 12.505 0.000 14.827 0.000 12.446 0.000 8.524 0.000 9.413 0.000 7.589 0.000 5.048 0.000 0.000 -1.605 75.014 -13.975
65.727 -49.710 29.086 -48.249 37.443 -49.649 78.367 -32.962 295.295 -8.241 480.446 -2.088 985.323 0.000 998.555 0.000 715.089 0.000 327.192 -3.479 112.554 -66.794 77.724 -52.600 4202.799 -313.772
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Name of Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19
Sl.No
Interconnection Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Export Import Ex
400kV Tala-
1 Siliguri Feeder-1 1.524 0.000 0.000 0.000 15.272 0.000 39.806 0.000 62.131 0.000 76.912 0.000 177.365 0.000 191.071 0.000 185.468 0.000 15
400kV Tala-
2 Siliguri Feeder-2 1.429 0.000 17.580 0.000 2.987 0.000 95.583 0.000 45.683 0.000 78.411 0.000 176.234 0.000 189.838 0.000 184.029 0.000 16
400kV Malbase-
3 Siliguri Feeder-3 21.697 0.000 18.591 0.000 32.819 0.000 81.715 0.000 81.164 0.000 66.338 0.000 157.684 0.000 163.065 0.000 163.583 0.000 2
400kV Malbase-
4 Siliguri Feeder-4 29.800 0.000 12.107 0.000 30.543 0.000 0.000 0.000 81.807 0.000 29.055 0.000 170.884 0.000 180.600 0.000 178.342 0.000 13
220kV Chhukha-
5 Birpara Feeder-1 0.000 -4.267 0.450 0.000 1.726 0.000 23.868 0.000 33.334 0.000 32.798 0.000 81.117 0.000 72.909 0.000 64.923 0.000 5
220kV Chhukha-
6 Birpara Feeder-2 0.000 0.000 7.253 0.000 3.715 0.000 22.283 0.000 33.365 0.000 32.612 0.000 81.450 0.000 72.358 0.000 64.542 0.000 5
220kV Malbase-
7 Birpara Feeder-3 0.000 -33.762 0.000 -34.086 0.000 -24.064 0.000 -12.013 0.000 -1.829 2.813 0.000 46.544 0.000 47.483 0.000 34.765 0.000
132kV Gelephu-
8 Salakati 0.000 -14.276 0.000 -15.290 0.000 -14.361 0.000 -7.434 0.000 -5.164 0.000 -4.566 4.638 0.000 3.379 0.000 8.379 0.000
132kV Motanga-
9 Rangiya 0.000 -5.857 0.000 -1.780 0.000 -1.906 6.921 0.000 14.140 0.000 26.685 0.000 20.593 0.000 20.471 0.000 0.000 -21.820
400kV Jigmeling-
Alipurduar Feeder
10 1 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 264.293 0.000 169.274 0.000 12
400kV Jigmeling-
Alipurduar Feeder
11 2 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 224.185 0.000 168.253 0.000 12
400kV Jigmeling-
Alipurduar Feeder
12 3 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
54.450 -58.162 55.981 -51.156 87.062 -40.331 270.177 -19.447 351.623 -6.993 345.623 -4.566 916.510 0.000 1429.653 0.000 1221.557 -21.820 85
The energy supplied by the DGPC in 2017 was 7,248,917,654.00 kWh of energy and
Bhutan’s demand was 2,326,384,812.96 kWh of energy. The surplus energy of
4,922,532,841.04 kWh was exported to India.
In 2018, the energy supplied by DGPC was 6,573,984,674.00 kWh of energy and Bhutan’s
demand was 2,461,551,119.93 kWh of energy. The surplus energy of 4,136,089,932.27 kWh
was exported to India.
In 2019, the energy supplied by DGPC was 6,926,219,577.00 kWh of energy and Bhutan’s
demand was 2,419,421,793.07 kWh of energy. The surplus energy of 4,515,487,430.74 kWh
was exported to India.
The consolidated supply, demand, and balance of energy in Bhutan from 2017 to 2019 are
given in table 5.
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The monthly supply and demand data from 2017 to 2019 in Bhutan is as given in table 6.
The hourly demand for specific days designated by the survey team for about 3 days for each
month in 2019) will be furnished as and when desired by the survey team.
In Bhutan, the power is being produced fully by the Royal Government of Bhutan, and there
are no independent power producers (IPPs).
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Energy in kWh
Sl.No Month & Year
Supply Demand Balance(Surplus) Balance(Deficit)
1 Jan-17 264,836,901.00 193,086,918.46 71,749,982.54
2 Feb-17 199,789,687.00 170,211,543.87 29,578,143.13
3 Mar-17 273,524,669.00 199,450,914.54 74,073,754.46
4 Apr-17 387,986,653.00 185,759,039.59 202,227,613.41
5 May-17 503,465,207.00 191,379,806.36 312,085,400.64
6 Jun-17 694,846,741.00 187,310,526.55 507,536,214.45
7 Jul-17 1,197,684,638.00 195,560,268.95 1,002,124,369.05
8 Aug-17 1,195,817,016.00 195,827,744.35 999,989,271.65
9 Sep-17 1,055,633,946.00 186,089,381.71 869,544,564.29
10 Oct-17 769,712,457.00 202,950,130.46 566,762,326.54
11 Nov-17 407,564,046.00 203,930,884.42 203,633,161.58
12 Dec-17 298,055,693.00 214,827,653.71 83,228,039.29
13 Jan-18 230,495,308.00 213,236,617.98 17,258,690.02
14 Feb-18 178,295,300.00 194,895,707.67 - 16,600,407.67
15 Mar-18 206,753,229.00 213,809,199.52 - 7,055,970.52
16 Apr-18 252,574,196.00 197,387,976.36 55,186,219.64
17 May-18 500,153,447.00 203,926,888.66 296,226,558.34
18 Jun-18 682,652,055.00 193,492,006.24 489,160,048.76
19 Jul-18 1,185,141,835.00 195,555,253.47 989,586,581.53
20 Aug-18 1,193,926,720.00 208,088,466.21 985,838,253.79
21 Sep-18 1,035,066,191.00 192,815,143.40 842,251,047.60
22 Oct-18 540,117,124.00 210,265,555.16 329,851,568.84
23 Nov-18 320,310,212.00 208,876,808.87 111,433,403.13
24 Dec-18 248,499,057.00 229,201,496.38 19,297,560.62
25 Jan-19 200,682,563.00 209,372,209.80 - 8,689,646.80
26 Feb-19 179,657,853.00 178,619,575.12 1,038,277.88
27 Mar-19 247,731,572.00 204,502,499.07 43,229,072.93
28 Apr-19 445,195,759.00 198,546,179.83 246,649,579.17
29 May-19 558,402,982.00 209,767,747.70 348,635,234.30
30 Jun-19 532,568,017.00 192,740,627.82 339,827,389.18
31 Jul-19 1,096,777,678.00 192,737,757.26 904,039,920.74
32 Aug-19 1,124,812,707.00 199,299,942.87 925,512,764.13
33 Sep-19 1,072,544,027.00 199,059,801.06 873,484,225.94
34 Oct-19 787,189,883.00 202,542,469.45 584,647,413.55
35 Nov-19 399,176,456.00 207,093,342.84 192,083,113.16
36 Dec-19 281,480,080.00 225,139,640.24 56,340,439.76
Total 20,749,121,905.00 7,207,357,725.95 13,574,110,204.05 32,346,025.00
There are six (6) hydropower plants generating electricity, four (4) hydropower projects
under construction, and three (3) planned projects in Bhutan as mentioned below:
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The 60MW Kurichhu Hydropower Plant (KHP) is located at Gyalpozhing, Mongar district on
the Kurichhu River in Eastern Bhutan. The salient features of KCP are mentioned in table 8.
Table 8: Salient Features of CHP
1 Capacity 60MW
2 No. of Units 4 (15 MW each)
3 Effective Head 32m
4 Max. Flow Rate 212 cum/sec.
5 Vol. of Regulating Pond
6 Start of Operation 2001 - 2002
7 Annual Energy 400MU
8 Transmission System 1x132kV S/C Kurichhu-Gelephu-Salakati (Assam) &
1x132kV S/C Kurichhu-Motanga-Rangiya (Assam)
9 Power Plant Coordinates Latitude: 27.21617; Longitude: 91.2035
10 Capital Cost Nu. 5,600 million
11 Financing Government of India (GoI) with 60% grant and 40%
loan
Source: https://www.drukgreen.bt
Source: http://www.dagachhu.com
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1 Capacity 2,800MW
2 No. of Units 8
3 Effective Head 214.5m (Rated)
4 Vol. of Regulating Pond 24923 MCM
5 Annual Energy 9,011.59 GWh
6 Transmission Plan 400kV
7 Power Plant Coordinates Latitude:91.2168 ; Longitude:27.0325
8 Estimated Cost of Construction Nu. 201,685.67 million (Tentative)
1 Capacity 1,125 MW
2 No. of Units 6
3 Effective Head 276m
4 Vol. of Regulating Pond 44.17 MCM
5 Annual Energy 4,558 MU
6 Transmission Plan 400kV
7 Power Plant Coordinates Latitude:91.1977 ; Longitude:27.3923
8 Estimated Cost of Construction Nu. 83,224.42 million (Tentative)
1 Capacity 2,585 MW
2 No. of Units Main Dam-8; Regulating Dam-3
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The following are the existing interconnection transmission lines between Bhutan and India.
These lines are used for the export and import of energy between the two countries. The
details of interconnection lines such as voltage level, capacity, distance, and main purposes
are given in table 21.
1. 400kV D/C line from Tala-Khogla-Siliguri (Feeder 1&2)
2. 400kV S/C line from Malbase –Siliguri (Feeder 3)
3. 400kV S/C line from Tala-Pagli-Siliguri (Feeder 4)
4. 220kV D/C line from Chhukha to Birpara (Feeder 1&2)
5. 220kV S/C line from Malbase-Birpara (Feeder 3)
6. 400kV D/C line from Puna-I to Alipurduar
7. 400kV D/C line from Puna-II to Alipurduar
8. 400kV D/C line from Jigmeling to Alipurduar
9. 132kV S/C line from Gelephu to Salakati
10. 132kV S/C line from Motanga to Rangiya
BPC being only the power utility in Bhutan mandated to construct, distribute, transmit,
operate and maintain distribution and transmission lines of Royal Government of Bhutan, the
construction, operation, and maintenance of all the interconnection lines till the Bhutan-India
border are being taken up by BPC, and beyond the border by the Indian power utility. All the
associated costs such as construction, operation, and maintenance of all the interconnection
lines till the Bhutan-India border are being borne by BPC.
DHPS under the Ministry of Economic Affairs, Royal Government of Bhutan is the nodal
agency in Bhutan regarding interconnection lines for consultation with other countries and
decision making. However, the construction, operation, and maintenance are being done by
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BPC.
The Operationalization of Grid Code Regulation, 2008 developed by the Bhutan Power
System Operator endorsed during the 50th OPPC meeting in 2017 is used for grid operation
under both normal conditions and in the event of an accident.
The protection schemes for the interconnecting lines such as Distance Protection, Back up
Protection, Local Breaker Back-up (LBB), and Auto-Reclosing are being provided as per
guidelines and requirements of the Central Electricity Authority (CEA) of India at our
sending end substations to protect the system in the case of a power system fault. Similarly,
the receiving end substations in India do the same as per their CEA guidelines and
requirements for the interconnecting lines.
For the metering, one main and check Bi-directional special energy meters (SEM) are
installed at the sending end substation of BPC for both export and import of energy. The
energy recorded by the main meter is used for computing the energy exported provided that
the main meter has been in continuous service throughout the month. The readings of the
corresponding check meter are taken as the basis of accounting purpose if the main meter is
removed from the service for any reasons.
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Sl. No Interconnection Points Voltage Type of Conductor Type Capacity Distance Main Purpose
From To (kV) Circuits (MVA) (km)
1 Tala Siliguri 400 D/C Twin Moose 2(2x504) 24.615 Export/Import
2 Tala Siliguri 400 S/C Twin Moose 1(2x504) 49.528 Export/Import
3 Malbase Siliguri 400 S/C Twin Moose 1(2x504) 28.670 Export/Import
4 Chhukha Birpara 220 D/C Single Zebra 2(1x245) 35.780 Export/Import
5 Malbase Birpara 220 S/C Single Zebra 1(1x245) 4.075 Export/Import
6 Jigmeling Alipurduar 400 D/C Quad Moose 21(42x5043) 4.750 Export/Import
7 Puna-I Alipurduar 400 D/C Twin Moose 2(2x504) 93.379 Export/Import
8 Puna-II Alipurduar 400 D/C Twin Moose 2(2x504) 80.865 Export/Import
9 Gelephu Salakati 132 S/C Single Panther 1(1x94) 0.100 Export/Import
10 Motanga Rangiya 132 S/C Single Panther 1(1x94) 1.894 Export/Import
NOTE: The transmission line length (km) provided above is the distance till the Bhutan Border.
1
No. of Circuit
2
No. of Conductors per Phase
3
Three Phase MVA rating
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Chapter 10 Survey on Transmission Lines owned by Private
Companies
The cross-border grid interconnection lines for the export of energy from Punatshangchhu-I
and Punatshangchhu-II Hydro Electric Project are already constructed and ready for service
upon completion and commissioning of the projects. The associated transmission systems for
the ongoing 600MW Kholngchhu Hydro Electric Project as per the NTGMP-2018 are as
follows:
1. 400kV,2xS/C line from KHEP – Yangbari
2. 400kV,1xD/C line from Yangbari – Goling
3. 400kV,1xD/C line from Goling – Jigmeling
4. 400kV,1xD/C line from Jigmeling – Alipurduar (till Bhutan Border)
The associated transmission system for the planned projects of 2,800MW Kuri-Gongri Hydro
Electric Project; 1,125MW Dorjilung Hydro Electric Project, and 2,585MW Sankosh Hydro
Electric Project as per the NTGMP-2018 are as follows:
1. 400kV, 2xD/C line from Dorjilung to Yangbari
2. 400kV, 1xD/C line from Yangbari to Rangiya/Rowta (till Bhutan Border)
3. 400kV, 2xD/C line from KGHEP to Yangbari
4. 400kV, 1xD/C line from Yangbari to Rangiya/Rowta (till Bhutan Border)
5. Loop-in of 400kV Puna-II to Lhamoizingkha line at SLBPH (Sankosh Left Bank Power
House)
6. Loop-out of 400kV Puna-II to Lhamoizingkha line with 400kV S/C line from SLBPH
7. Loop-in of 400kV Puna-I to Lhamoizingkha line at SRBPH (Sankosh Right Bank Power
House)
8. Loop-out of 400kV Puna-I to Lhamoizingkha line with 400kV S/C line from SRBPH
9. 400kV, 2xS/C line from SLBPH & SRBPH to Alipurduar (till Bhutan Border)
The details such as voltage level, capacity, distance, and main purposes of planned
interconnection lines are given in table 22.
The developer and schedule date of operation for these planned projects are not available.
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Interconnection Points Voltage Type of Conductor Capacity Distance Cost Estimate Main Purpose
Sl. No (kV) Circuits Type (MVA) (km) in million Nu.
From To
1 Jigmeling Alipurduar 400 D/C Quad Moose 21(42x5043) 2.00 132.10 Export/Import
2 Yangbari Rangiya/Rowta 400 D/C Quad Moose 21(42x5043) 37.00 1017.50 Export/Import
3 Yangbari Rangiya/Rowta 400 D/C Quad Moose 21(42x5043) 40.00 5776.80 Export/Import
4 SLBPH Alipurduar 400 S/C Quad Moose 11(42x5043)
15.04 1162.0 Export/Import
5 SRBPH Alipurduar 400 S/C Quad Moose 11(42x5043)
NOTE:
The transmission line length (km) provided above is the distance till the Bhutan Border.
SLBPH – Sankosh Left Bank Power House
SRBPH – Sankosh Right Bank Power House
1
No. of Circuit
2
No. of Conductors per Phase
3
Three Phase MVA rating
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Chapter 12 Status of Donors for Power Related Activities
Funding
Sl. No. List of Activities Amount in USD Remarks
Agency
Construction of 126MW USD 90 million
1 Dagachhu Hydro Electric ADB (Rest by COD- 2015
Project NPPF/OeKB/RGoB)
Construction of 118MW USD 50.5 Million
ADB (grant Under
2 Nikachhu Hydro Electric (Rest by DGPC and
and loan) Construction
Project SBI)
Rural Electrification Works
3 ADB
(RE-I to RE-V)
Rural Electrification Works
4 JICA
(JICA-I & II)
132kV D/C Transmission
5 Line from Motanga to ADB 257,358,138.32 In service
Phuntshothang (21.59km)
6
7
8
9
10
11
37
The financial position and comprehensive income statements of BPC for the last five years
from 2015 to 2019 are as shown in table 25 & table 26 respectively.
In line with the agreement for the sale/purchase of energy between BPC & DGPC, BPC
purchases energy from DGPC at Nu. 1.42/kWh and from MHPA at Nu. 3.77/kWh, and sale
to the customers as per the tariff structure as shown in table 24. The wheeling or transmission
charge is at Nu.0.270/kWh.
Table 24: Tariff Structure from 1st July 2020 to 30th June 2022
The power generated by CHP is exported at Nu. 2.55/kWh, the power generated by KHP and
THP are exported at Nu. 2.12 /kWh and power generated by MHPA is exported at Nu.
4.12/kWh to India as per the signed PPAs between PTCL and DGPC.
BPC also import power from ASEB and WBSEB during lean seasons at Nu. (2.12+Wheeling
Charge (0.2) +12% loss) and Nu. (2.25+Wheeling Charge (0.2) +12% loss) respectively.
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Table 25: Financial Position Statement of BPC from 2015-2019
Current assets
Inventories 384,102,415 320,200,209 364,370,465 338,720,596 425,349,163
Amount Due from customers for contract work 1,071,256,239 3,879,746,629 3,601,510,071 2,730,129,875 485,810,049
Trade & other receivables 792,250,402 441,616,179 584,547,810 153,550,758 105,495,521
Cash and cash equivalents 430,170,308 470,756,785 516,232,504 1,283,776,538 3,035,926,578
Short-term loans and advances 2,538,171 1,017,493 3,565,132 42,058,006 38,066,217
Other current assets 1,314,478,084 1,333,493,332 783,403,227 2,000,645,551 1,332,199,617
Total current assets 3,994,795,619 6,446,830,627 5,853,629,209 6,548,881,324 5,422,847,145
Total Assets 35,248,819,745 30,056,792,162 28,964,155,845 27,963,649,751 25,185,459,419
39
Shareholder's Equity
Share Capital 10,235,301,000 8,225,118,000 8,225,118,000 8,225,118,000 8,225,118,000
Retained earnings 4,457,190,191 4,195,068,245 5,103,966,057 5,125,414,610 4,497,478,996
Investment Reserve - 572,157,472 616,601,916 616,601,916 1,016,601,916
Asset Replacement Reserve 119,120,296 104,785,492 99,735,543 93,413,037 87,673,037
Other comprehensive income (173,958,490) (20,568,299) (350,622,795) (131,984,736) (109,300,713)
14,637,652,997 13,076,560,910 13,694,798,721 13,928,562,827 13,717,571,236
Liabilities
Non-current liabilities
Borrowings 12,770,628,702 7,652,348,999 5,461,523,675 5,895,655,075 5,953,118,042
Deferred grants 1,366,163,594 1,407,709,019 1,427,794,029 1,133,960,055 898,683,522
Deferred Customer's Contribution 129,947,393 133,927,982 9,163,793 2,979,976 3,092,428
Other payables 1,013,551,021 588,715,827 1,449,646,292 1,206,772,305 681,339,770
Employee benefit liabilities 618,299,995 414,101,878 414,496,180 426,750,457 382,524,097
Deferred Income Tax liabilities (net) 988,410,745 844,490,834 774,604,080 636,294,353 551,463,686
Total Non-current liabilities 16,887,001,451 11,041,294,539 9,537,228,049 9,302,412,221 8,470,221,545
Current liabilities
Borrowings 1,311,012,228 438,639,273 329,861,141 282,084,353 196,757,453
Deferred grants 41,519,811 51,514,024 51,514,024 33,107,110 24,891,343
Deferred Customer Contribution 10,615,373 10,460,990 864,840 112,452 112,452
Amounts due to customers for construction contract 958,038,578 1,212,126,319 1,774,697,779 2,476,269,941 930,279,750
Trade & other payables 940,141,723 3,879,095,627 3,022,379,477 222,151,875 411,674,304
Employee benefit liabilities 302,152,735 215,591,468 224,025,124 209,905,567 202,815,969
Income tax payable (net of advance) 122,642,461 45,439,794 223,295,945 370,899,141 336,611,845
Other current liabilities 38,042,388 86,069,218 105,490,746 1,138,144,264 894,523,522
Total current liabilities 3,724,165,297 5,938,936,713 5,732,129,076 4,732,674,703 2,997,666,638
Total liabilities 20,611,166,748 16,980,231,252 15,269,357,125 14,035,086,924 11,467,888,183
Total equity and liabilities 35,248,819,745 30,056,792,162 28,964,155,846 27,963,649,751 25,185,459,419
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN (Bangladesh, Bhutan, India and Nepal)
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Expenditure
Purchase of electricity 3,750,116,270 3,913,866,281 3,699,273,937 1,408,260,254 1,550,124,223
Construction material consumed and sub-contracting charges 636,954,693 1,335,246,611 3,132,552,311 5,471,306,437 3,892,900,878
Operation and maintenance expenses 464,606,599 455,376,894 427,180,870 407,466,635 311,798,776
Employee benefit expenses 1,150,613,962 1,008,990,224 1,008,526,427 960,513,177 876,916,718
Finance costs 447,516,568 352,888,675 212,167,295 117,805,753 124,257,613
Loss/(gain) on foreign currency fluctuation (net) 62,356,314 208,944,269 (76,420) 72,895,465 43,028
Depreciation and amortization expenses 1,162,254,340 1,015,104,952 917,419,650 914,215,675 861,450,835
Other expenses 206,700,925 204,800,352 217,548,274 194,027,339 170,730,654
Total Expenditure 7,881,119,670 8,495,218,258 9,614,592,344 9,546,490,735 7,788,222,725
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN (Bangladesh, Bhutan, India and Nepal)
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Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN (Bangladesh, Bhutan, India and Nepal)
Profit before income tax 1,651,421,569 1,153,037,103 1,892,55
Tax expenses
- Current tax 322,636,158 262,495,503 471,68
- Deferred tax 143,919,911 58,343,375 92,90
- Tax Adjustment of earlier years 846,015 69,886,754
Net Profit for the year 1,184,019,486 762,311,471 1,327,96
Earnings per share (‘EPS’)
Basic EPS (Nu.) 143.86 92.68 1
Diluted EPS (Nu.) 143.86 92.68 1
Profit for the year 1,184,019,486 762,311,471 1,327,96
OTHER COMPREHENSIVE INCOME
Items that may or maynot be reclassified subsequentlt to P&L:
Total items that are or may be reclassified subsequently to profit or
loss
Items that will not be reclassified to profit or loss:
Other comprehensive income (loss):
Fair valuation of investment - 244,409,676 (47,36
Tax adjustment on fair valuation of investment
Actuarial gains (loss) (153,390,191) 82,550,509 25,77
Total items that will not reclassified to profit or loss (153,390,191) 326,960,185 (21,596
The Power Purchase Agreements (PPA) signed between the Power Trading Corporation
Limited (PTCL) under the Government of India and Druk Green Power Corporation (DGPC)
under the Royal Government of Bhutan for the respective hydropower plants as the guiding
document for export of energy. The PPAs are signed between PTCL and DGPC for the
export of energy from the following Hydropower Plants.
1. Chhukha Hydropower Plant
2. Kurichhu Hydropower Plant
3. Tala Hydropower Plant
4. Mangechhu Hydropower Plant
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Chapter 15 Conclusion
The data and information described and quoted above are all collected from the respective
organizations viz., DHPS, BEA, DGPC, and BPC. The referred documents/reports for the
data and information are cited in the reference section.
If the data and information above require any modification on any part during the time of
verification, BPC shall redo the works and meet the TEPCO’s requirement and satisfaction at
no additional cost. The source of data and information are quoted in the reports.
The hourly records on export and import of energy from 2017 to 2019 shall be furnished as
per the specific days designated by the survey team to BPC during the verification of the
report.
Similarly, the hourly demand of energy for the specific days designated by the survey team
shall be furnished accordingly.
BPC shall participate in the internal discussion with the survey team during the time of the
field survey and shall remain obliged to answer queries from the survey team regarding the
contents of the report for one year from the date of submission.
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
(Bangladesh, Bhutan, India and Nepal)
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Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
(Bangladesh, Bhutan, India and Nepal)
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References
Report on Data Collection and Necessary Support in Bhutan for JICA Data Collection Survey for Regional Grid Integration in BBIN
(Bangladesh, Bhutan, India and Nepal)