Hydropower Partnership — Amendments

Amendment	Year	Description	Impact
2009 MoU Amendment Protocol	2014	The 2014 amendment to the 2009 MoU on Hydropower Cooperation extended the timeline for achieving 10,000 MW capacity from 2020 to 2025 and introduced enhanced environmental safeguards and community consultation requirements for all future projects.	This amendment provided more realistic timelines for project development while strengthening environmental and social governance frameworks, leading to more sustainable and community-friendly project implementation.
Financing Protocol Amendment	2018	The 2018 amendment to financing protocols introduced flexible financing mechanisms including grants for infrastructure development, reduced interest rates for certain project components, and provisions for cost-sharing in case of geological surprises.	This amendment improved project viability and risk-sharing mechanisms, leading to better financial sustainability of projects and reduced burden on Bhutan's debt profile while maintaining India's strategic interests.

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