The Bhutanese side expressed appreciation for the announcement by the government of India of a concessional Line of Credit of Rs 40 billion to fund the energy projects in the neighbouring country.
Photo: ANI
Prime Minister Narendra Modi on Wednesday reaffirmed India’s unwavering support to Bhutan’s 13th Five Year Plan, including the Economic Stimulus Programme, emphasising India’s commitment to actively assisting the Himalayan nation in achieving its key development priorities and advancing sustainable growth across sectors.
The Bhutanese side expressed appreciation for the announcement by the government of India of a concessional Line of Credit of Rs 40 billion to fund the energy projects in the neighbouring country.
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As PM Modi concluded his two-day visit to Bhutan, the two countries signed three MoUs in the Energy and Health sectors.
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In a joint press release issued at the culmination of the visit, the two nations underlined the importance of improving cross border connectivity and enhancement of border infrastructure, including setting up of Integrated Check Posts.
PM Modi’s state visit to Bhutan marked a significant milestone in the enduring partnership between the two nations, reinforcing the bonds of cultural heritage, sustainable development, and regional cooperation. It coincided with the grand celebrations of the 70th birth anniversary of Bhutan’s Fourth Druk Gyalpo, Jigme Singye Wangchuck, underscoring the deep ties that continue to unite India and Bhutan.
As the Guest of Honour at the festivities held at Changlimithang Stadium, PM Modi praised Bhutan’s leadership and people for their commitment to peace and progress. “For centuries, India and Bhutan have shared a deep and affectionate cultural bond. That is why it was my commitment, and India’s commitment, to be here on this important occasion,” he said.
He also extended warm greetings to Jigme Singye Wangchuck, the father of the incumbent king, Jigme Khesar Namgyel Wangchuck, and Prime Minister Dasho Tshering Tobgay.
During the visit, Modi and Bhutan’s leadership jointly inaugurated the 1,020-megawatt Punatsangchhu-II Hydroelectric Project, symbolising successful bilateral cooperation in clean energy. Both countries pledged to accelerate the completion of the 1,200 MW Punatsangchhu-I project, which is set to become the largest Indo-Bhutanese hydroelectric initiative.
The two sides also discussed expanding economic collaboration, regional security, and addressing global challenges. India reaffirmed its support for Bhutan’s 13th Five-Year Plan and Economic Stimulus Programme, key drivers for sustainable growth.
In line with promoting connectivity and trade, agreements were made to enhance border infrastructure with Integrated Check Posts and operationalise cross-border rail links. The Indian government committed a concessional Line of Credit of Rs 40 billion to support Bhutan’s energy sector projects.
The partnership is growing to include emerging fields such as STEM education, fintech, and space technology. Modi praised the progress on Phase II of UPI payments, which will ease financial transactions for Bhutanese visitors in India. Several memoranda of understanding were signed covering renewable energy, healthcare, and mental health cooperation.
Adding a spiritual dimension to his visit, the prime minister participated in the Global Peace Prayer Festival and offered prayers to the Holy Piprahwa Relics of Lord Buddha at Tashichhodzong monastery, an act profusely appreciated by Bhutan’s King. The festival, organised by the Royal Government of Bhutan, gathers Buddhist leaders and peace advocates globally to promote harmony and enlightenment.
Modi also lauded the government of India’s recognition of Prakrit as a Classical Language and the Gyan Bharatham Mission to digitise ancient Jain manuscripts, highlighting India’s commitment to preserving shared cultural heritage.
Reflecting on Bhutan’s historical significance, Modi recalled Emperor Chandragupta Maurya’s renunciation under Jain saint Acharya Bhadrabahu—themes that resonate with India’s spiritual traditions and shared history with Bhutan.
The visit culminated with Modi’s praise for Bhutan’s vision, including the Gelephu Mindfulness City project, and his announcement of a new Immigration Check Post at Hatisar, Assam, to facilitate investor and visitor access.
The Ministry of External Affairs noted that the visit offered an important platform to deepen bilateral dialogue and cooperation on regional and international issues, reinforcing the special and strategic partnership between India and Bhutan.
The visit also expressed mutual solidarity, with Bhutan’s King conveying condolences over the recent Delhi explosion, a gesture warmly received by India.
This landmark visit not only celebrated 70 years of Bhutan’s Fourth King but also strengthened the multifaceted collaboration that continues to foster peace, prosperity, and cultural unity in the Himalayan region.
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