Thimphu, May 28 (IANS) Bhutan’s Prime Minister Tshering Tobgay and Indian Prime Minister Narendra Modi have agreed to commence four new joint-venture hydroelectric projecta with a capacity to generate 2120 MW, media here reported Wednesday.

Tobgay attended Modi’s swearing-in ceremony Monday and the two leaders held talks Tuesday, Kuensel online reported.

During the meeting, Modi assured support to Bhutan as it is one of India’s close neighbours and agreed to coordinate and cooperate on issues relating to their national interests.

“He is a prime minister who delivers and from the interaction, we could sense he has concerns for Bhutan and the region,” Bhutan Foreign Minister Rinzin Dorji said after the meeting ended.

Tobgay termed India is a good friend and said Bhutan looks forward to work with the new Indian government under Modi’s leadership.