Thimphu (Bhutan), Nov 05: President Pratibha Patil, who is on a four-day visit to Bhutan to attend the coronation ceremony of Jigme Khesar Namgyel Wangchuk, was accorded guard of honour and given a colourful reception at the Paro Airport on her arrival today.

Present King Jigme Singye Wangchuk and Bhutanese Prime Minister Jigmi Thinley received President Patil at the airport.

The new king, Jigme Khesar Namgyel Wangchuk, will meet President Patil at hotel Taj Tashi in Thimphu.

New Delhi  - There is excitement in the air in Thimphu, capital of the tiny Himalayan nation of Bhutan, as it prepares for the coronation of its fifth king - the 28-year-old Oxford-educated Jigme Khesar Namgyal Wangchuk on Thursday.

"The mood is festive. Everybody is getting ready. The lights are up as are the flags," Khandu-om Dorji, special programme officer in the Bhutanese prime minister's office said over telephone

The new king's father, Bhutan's much-loved monarch Jigme Singye Wangchuk, 53, shocked his people in December 2006, when he announced he was abdicating in favour of his son and Bhutan would become a democracy under a new, young king.

Tata Power Company (TPC), India’s largest private power utility, has picked up 26% stake in the Royal Government of Bhutan (RGoB) promoted 114 MW run-of-the-river hydro electric power project over river Dagachhu through Druk Green Power Corporation (DGPC).

Tata Power Trading has negotiated to purchase all the power generated from the project.  

Under the deal, Tata Power Trading will off-take power from the project for a period of 25 years and the power will be delivered at India-Bhutan border.

New Delhi, July 17: India has agreed to revitalise its standby credit facility for Bhutan, enhancing the amount to Rs. 400 crores.

New Delhi, July 16 : Bhutan''s first democratically elected Prime Minister, Jigmi