Technical assistance for the Bhutan Hydro and Solar Energy Facility

About this project

<p class="ql-align-justify">The Project includes two components:</p><p class="ql-align-justify">(1) investments in both solar PV and mid-size run-of the river hydro (up to 75 MW or higher as agreed on a case-by-case basis) across Bhutan, to be co-financed by the Bank Loan (and thus representing the Bank Contribution to the Project) for up to 50% of total investment cost (on a portfolio basis).</p><p class="ql-align-justify">(2) the technical assistance, which constitutes the Action under this Contribution Agreement (and is further described in Annex 1(a) (<em>Operational Guidelines for the Technical Assistance Window A</em>) and Annex&nbsp;1(b)&nbsp;(<em>Operational Guidelines for the Technical Assistance Window B</em>) below).</p><p class="ql-align-justify">The Bank Loan and the corresponding Finance Contract, which benefit from the NDICI-Investment Window 1 guarantee, represents the EIB¿s first financing operation in Bhutan. The Sub-Projects to be supported thereunder are expected to generate positive economic impacts, deliver a strong climate contribution, and help Bhutan boost its energy security while diversifying its renewable energy mix.</p><p class="ql-align-justify">As a general approach, the due diligence for each allocation (<em>i.e.</em>, Sub-Project) under the Bank Loan will be carried out by the Bank on a rolling basis during the availability period of the Bank Loan, as and when eligible Sub-Projects are presented to the Bank.</p><p class="ql-align-justify">In…

Goals

Sustainable Development Goals this project works towards

• 5Gender Equality
• 7Affordable and Clean Energy
• 8Decent Work and Economic Growth
• 11Sustainable Cities and Communities
• 13Climate Action

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Countries

Bhutan

Sectors

Energy generation, renewable sources - multiple technologies

Focus

Gender equality · Also contributesEnvironment · Main focusClimate mitigation · Main focusClimate adaptation · Main focusDisaster risk reduction · Also contributes

Funded by

European Commission

Implemented by

EUROPEAN INVESTMENT BANK

Accountable

Regional Development Bank

Passes funds through

Directorate-General for International Partnerships

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2025-PC-36000.

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