Tangsibji Hydro Energy Limited (THyE) is a wholly owned subsidiary of Druk Green Power Corporation Ltd. It was established on April 25, 2014 as a Special Purpose Vehicle (SPV) for the development of the 118 MW Nikachhu Hydropower Project, now known as the Nikachhu Hydropower Plant. The main civil and hydro-mechanical works (MP-1) contract was signed between M/s Hindustan Construction Company Ltd., India and THyE on April 20, 2016. The electro-mechanical works (MP-2) contract was awarded to M/s Voith Hydro Pvt. Ltd., India on December 30, 2015. The Nikachhu Hydropower Project is a run-of-the-river scheme located in Tangsibji Gewog, Trongsa....
Environment and Social Safeguards
For the development of 118 MW Nikachhu Hydro Power Project, lease agreement was signed with the Ministry of Economic Affairs on May 1, 2015. A total of 195.262 acres of Government Reserve Forest Land were taken on lease for development of internal access roads, muck disposal area, colonies and contractor construction facility. To minimize the number of affected household, efforts were undertaken during the design stage by relocating the power house to existing location at Norbuodi (latitude 27°29’12.44″N and Longitude 90°29’26.71″E) from Tangsibji village. Other additional CSR activities are also carried out by THyE besides implementing CDP in the Resettlement...
