Perspective
20 March 2026
Bhutan’s Dorjilung hydro opens a PPP market
In:
Traditional energy
Region:
Asia-Pacific
The Dorjilung hydroelectric financing moved away from sovereign-backed debt towards a blended PPP structure combining concessional capital, multilateral lending and private investment. It marks a big shift for Bhutan – but could large-scale infrastructure in lower income markets more widely learn from its risk allocation?
