03 | THE DELIVERY – ENERGY
LYONPO LEKEY DORJI Finance Minister, Bhutan
“Our nation is blessed with abun- dant natural resources, particularly in hydropower. By diversifying our energy sources, Bhutan is reducing its depend- ency on imported fossil fuels, stabilizing energy costs and promoting job creation in green sectors. Pursuing the devel- opment of renewable energy supports Bhutan’s commitment to remain carbon neutral and contributes to our global climate goals.”
SARAH BOUGARA Country Manager, OPEC Fund
“The partnership between the OPEC Fund and Bhutan marks a pivotal step in expanding the country's hydropower capacity. With a US$50 million loan for the Gamri and Begana hydropower plants this collaboration is strengthening energy security, reducing electricity imports and improving power reliability for 50,000 households. This dual project supports Bhutan’s vision of leveraging its hydro- power potential for economic growth while maintaining environmental sustain- ability. By integrating with both local mini-grids and the national grid, the plants will enhance the resilience and stability of Bhutan’s energy system. This collaboration exemplifies the power of partnerships, showing how strategic alliances can drive sustainable growth and enhance energy security. By working together, the OPEC Fund and Bhutan are setting a precedent for future projects that prioritize both economic development and environ- mental stewardship.”
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