The Ministry of Finance, through the Department of Revenue and Customs, released a public notification detailing the implementation of the Renewable Energy Tax Exemption Act of Bhutan 2026. The legislation aims to stimulate investment in renewable energy projects by providing tax holidays and exemptions for qualifying facilities. The notification outlines the criteria for eligibility, the process for obtaining tax benefits, and the duration of the exemptions. It also specifies the categories of renewable energy sources covered, such as solar, wind, and hydroelectric power, and explains the reporting obligations for project developers. Additionally, the document sets out the effective date of the Act and includes provisions for periodic review to ensure alignment with national energy goals. Stakeholders are encouraged to submit applications for tax exemptions in accordance with the outlined procedures. The Ministry underscores the importance of this initiative in supporting Bhutan's commitment to sustainable development and reducing carbon emissions. This notification is intended to inform investors, project developers, and relevant agencies about the new incentives and to facilitate their uptake across the country.