India, Bhutan agree to fast-track implementation of hydropower projects

New Delhi, July 3 (ANI): India and Bhutan will hold a meeting of the Empowered Joint Group to fast-track implementation of hydropower projects next month.

The first meeting of this group was held in New Delhi in March 2009 after the signing of the Protocol to the 2006 Agreement on Cooperation in Hydropower.

During his recent visit to India, Bhutan Prime Minister Thinley held extensive talks with his Indian counterpart Prime Minister Dr. Manmohan Singh in this regard.

Both sides expressed satisfaction over the progress made in the hydropower sector and reiterated their commitment to achieve the target of 10,000 MW of hydroelectric generation in Bhutan by 2020.

They exchanged views on various facets of Indo-Bhutan relations and measures to further enhance the relationship.

Bhutan Prime Minister conveyed deep appreciation to Dr. Manmohan Singh and other Indian leaders for their contribution to Indo-Bhutan relations.

Thinley, who was on an official visit to India from June 28 to July 3, expressed the gratitude of his Government and people of Bhutan for India's unwavering assistance and cooperation in Bhutan's development.

He also apprised Dr. Singh of Bhutan's preparations for hosting the 16th SAARC Summit in Thimphu in April 2010. (ANI)