Government of India releases cheques worth of Nu. 308.44 million for Project Tied Assistance Project.
Mr. S Koventhan, First Secretary (Economic and Commerce), Embassy of India handed over cheques amounting to Nu. 308.44 million for GoI Project Tied Assistance projects to Mr. Rinchen Wangdi, Director, GNH Commission on 20th December 2018.
The release of funds of worth Nu. 308.44 million pertains to (1) Construction of Royal Institute of Law and (2) Augmentation of TTI-Dekiling to Power Training Institute. This is the first release of bridge financing for PTA projects made by Government of India and will be part of GoI’s assistance for the 12th five year plan of RGoB.