Bhutan’s Dorjilung hydro opens a PPP market

In:

Power

Region:

Asia-Pacific

Oliver Gordon

Contributor

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?

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