PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

610476

Primary Business Area

Infrastructure

Disclosure Date

Aug 4, 2026

Country

Bhutan

Region

South Asia

IFC Approval Date

Feb 17, 2026

Status

Active

Estimated Total Budget

$187,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 4, 2026

Project Estimated Start Date

Feb 2, 2026

Project Estimated End Date

Jun 30, 2027

Client Legal Name

Bhutan Power Corporation

Project Description

IFC has signed an Upstream Engagement Letter with Bhutan Power Corporation, aiming to strengthen the company in independently developing its corporate insurance framework, as well as robust plans for cybersecurity and climate change risk management. To facilitate this process, IFC will conduct an initial assessment to identify existing gaps, followed by targeted capacity-building workshops designed to enhance the organization's expertise. Additionally, should both IFC and the company identify further needs, IFC may extend its support to include capacity building in contract management and environmental & social management practices.

Development Results

E&S Risks / Impacts and Mitigation