The Bank of Bhutan (BoB) has transferred the ruined Trongsa Viewpoint Resort to state-owned hydel developer Druk Green Power Corporation (DGPC) for Nu 9.5 million under a commercial loan recovery arrangement, concluding years of uncertainty over the abandoned property according to reports by Kuensel. Originally constructed at an estimated cost of Nu 300 million and financed through a Nu 132.7 million loan from BoB, the resort fell into near-total disrepair following a decade-long court battle involving fraudulent land acquisition. By the time the Supreme Court ruled in April 2022 to revert the 4.7-acre plot back to the state, accumulated interest had pushed the resort’s outstanding loan liability to Nu 280 million—a sum the mortgage-holding bank had little prospect of recovering in full. Subsequent public auctions conducted by BoB in 2024 and 2025 failed to attract a single commercial bidder due to the property’s structural collapse and limited lease term options. To facilitate a viable market recovery without deploying public funds to assume a bank’s non-performing asset, Bhutan’s Ministry of Finance granted a 35-year land lease, enabling BoB to negotiate the transfer directly with DGPC. DGPC, which performed its own property valuation and legal due diligence before finalizing the deal, intends to redevelop the dilapidated site into its central Bhutan regional office to manage upcoming solar and hydropower operations across Trongsa and Bumthang. The Ministry of Finance emphasized that the transaction remains an internal commercial recovery decision, with any resulting financial write-off reflected directly within BoB’s balance sheet.