Bhutan power system control centers

Who is Bhutan Power Corporation Limited (BPC)?

Bhutan Power Corporation Limited (BPC) was formed on 1st July 2002 and subsequently incorporated under the Companies Act of the Kingdom of Bhutan on 8th August 2002.

How many Dzongkhags are registered in BPC dsmp?

More than 3,000 customers have registered for the service so far and BPC set a target of total registration of 72,000 customers by 2021. 9 Dzongkhags. The DSMP will be the basis for implementing all system augmentation works by the ESDs in the future.

How many mu of electricity has BPC wheeled for export to India?

BPC wheeled 5,135.06 MU of electricity for export to India. BPC has executed 100% connection of off-grid supplies to our main grid and about 99.97% rural electrification achieved as on December 2023 as part of our aim to deliver affordable, adequate, reliable, and quality electricity services to all of our valued customers.

How is rural electrification loan financed in Bhutan?

Grants are received from the Royal Government of Bhutan as counterpart financing to the Rural Electrification Loan to carry out the rural electrification works for the civil component and establishment expenses. The material costs are financed through the loan.

Who is responsible for preparing financial statements in Bhutan?

Management is responsible for the preparation and fair presentation of the financial statements in accordance with Bhutanese Accounting Standards (BAS), and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Are the financial statements prepared in Bhutan based on bas?

The Company’s financial statements are prepared in accordance with and are fully compliant with the Bhutanese Accounting Standards (BAS), except as stated otherwise in the financial statements. 2. Summary of Significant Accounting Policies