The supposedly power hungry India is now a net exporter of electricity, according to a report released by their Ministry of Power. Even more surprising, they exported 213 million units more electricity than they imported from Bhutan.
As I said in one of my earlier posts, India’s import of electricity from Bhutan is inconsequential - we account for less than nothing. Our export of electricity to India is nothing more than a pesky cud lodged in the cavity of India’s gargantuan jaw.
Finally I hope that the Bhutanese people will come to accept what has always been the truth - that India has NEVER been dependent on Bhutan, for their electricity needs.
We are now in a precarious situation: India is already self sufficient in electricity and may no longer need our electricity at exorbitant Cost+ rates. On the other hand, our PHEP I & II, according to our Economic Affairs Minister, is losing Nu.21.00 and Nu.17.00 billion each, for every year the projects are delayed. Even worst, the PHPE I may have to be scrapped altogether, once the Norwegian experts submit their investigation report.
So, we still want to do Chamkhar Chhu?