The Education City Project (ECP) is the cornerstone venture of DHI for the development of Bhutan’s Knowledge Hub. The objective of the project is to create a global destination for scholarships, innovation and collaboration. A 1000 acre site, equidistant from the capital and the international airport has already been identified. The ECP will be 100% green and carbon neutral with sustainable architecture through the use of renewable energy, bio-mimetic principles and LEED certified designs. The strength of the ECP will be drawn from the unique culture, history, geography and the accommodating regulatory environment of Bhutan. The ECP is guided by Project Advisory Group (PAG), consisting of eminent members from Bhutan, India, Singapore and Australia.

Current Status:
DHI signed the consultancy service contract for the ECP with Ernst & Young Private Limited (E& Y Pvt. Ltd), India on 9th December 2010. E&Y Pvt. Ltd is one of the leading global consultancy firms with a lot of experience in both education sector and strategy development. They are also responsible for many of the thought leadership publications in the sector in India and the region. E&Y will be responsible for developing the concept and framework for setting up an Education City in Bhutan. It will also include a high-level technical and economic feasibility, legal and regulatory frameworks, quality assurances, environmental and social impacts and the right positioning for the Bhutan’s education hub. The consultants will also be responsible for preparing a Request for Proposal (RFP) for potential investors and assist DHI in attracting investors and the bid management process. The consultancy works is expected to commence from January 2011.

The Amochu (Toorsa) broadens to over 1 km as it exits Bhutan at Phuentsholing. The river has been eroding considerable land and it poses a threat to the development of the already congested township, which is also geographically and commercially strategic. Flood mitigation and land reclamation measures can overcome these problems. According to a detailed study report submitted by consultants of the Dansih Hydraulic Institute in November 2007 a recovery of 865 Acres of land is feasible. The project would take three years and the recovered land could be utilised for residential, commercial or industrial purposes. An environmental impact analysis was also carried out and it was seen that none of the impacts are seriously adverse and all the impacts could be mitigated with a little effort.

Current Status:
The government has handed over the project to DHI for implementation. DHI has floated an RFP to a group of short listed consultancy firms on 27 September 2010. The consultancy will be carried out over a period of ten months and is expected to start by January 2011. By the end of the year, DHI expects to have found a suitable partner to carry out the land reclamation and develop a new city on the reclaimed land on a PPP basis.

TTP is a landmark project in Bhutan promoted by the World Bank to give thrust to the development of the ICT sector and to help in developing Bhutan as an ICT hub in the future. TTP is a Public Private Partnership project and will be built on five acres of land. In the first phase, an IT focused office and data centre will be built on 50,000 sq.ft. TTP is a joint venture company between DHI and Assetz Property Group. The total project cost is Nu. 225.3 million with a capital structure of total equity of Nu. 76.2 million and total debt of Nu. 149.1 million. TTP was inaugurated on November 1, 2011. The IT Park will be complete by end of April 2012 and operation is expected by May 2012.

DHPC is a run-of-the-river hydropower plant with an installed capacity of 114 MW and an estimated cost of Nu. 4860 million. It is promoted by the Asian Development Bank and is the first Public Private Partnership project in Bhutan with the DGPC, Tata Power and the National Pension Fund as joint venture partners. A notable achievement of DHPC is that it is the world’s first trans-boundary Clean Development Mechanism (CDM) project to be successfully registered with the United Nations Framework Convention on Climate Change. (UNFCC). The construction of the project is currently underway and is scheduled to be completed in January 2013.

DCC is a new, integrated, greenfield cement project with a production capacity of 1.0 million tonnes of clinker and 1.36 million tonnes of cement per year. The total cost of the project is Nu. 8756 million and it is being developed with the assistance of the Government of India. The clinker production unit will commence on April 2012 and the commerical operation date of the plant is scheduled for July 2012.

Dungsam Polymers is a polypropylene (PP) manufacturing plant being established in Nganglam, Pemagatshel for the primary purpose of supplying PP bags to Dungsam Cement Corporation. The total cost of the project is Nu. 168.75 million with a capital structure of total equity of Nu. 42.189 million and a total debt of Nu. 126.561 million. It is 100% DHI owned and commenced commercial operation on 26th March 2012.

DHI with its subsidiary companies: Druk Green Power Corporation (DGPC) and Bhutan Power Corporation (BPC) signed SAP SOFTWARE END – USER VALUE LICENSE AGREEMENT with SAP Asia PTE LTD, a Singapore corporation, on November 5, 2009. The SAP – ERP ECC 6.0 license includes the basic R/3 modules consisting of Human Resource and payroll, Finance and Controlling, Material Management and Procurement, Employee Self Service, Project System, Plant Maintenance (for DGPC), Customer Relation Management (for BPC). Apart from these modules, Business Intelligence, Strategy Management and Business Planning and Consolidation are also  implemented. The project started in DHI and DGPC on May 2010 as Project E-Green and BPC in June 2010 as Project iLogmey.             

Current Status:
As of February 2012, Business Intelligence, Strategy Management and Business Planning and Consolidation are in the Final Realization Phase, and Scheduled to go live by end of February 2012.