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The foundation stone of the monastery was laid by former CM Dorjee Khandu in 2007.
The ceremony was conducted in the presence of Governor PB Acharya, his wife, Chief Minister Pema Khandu, state Assembly Speaker T N Thongdok, Chief Secretary Shakuntala Gamlin and other dignitaries.
Thousands of devotees clad in yellow robes thronged the venue to witness the consecration ceremony by their living god.
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He said, “In our pursuit of individual goals, we must ensure well-being of the world and humanity…. It is essential to be educated. I insist on education of Lamas. But education need to be ethical, not material.