[2] The current monastery was founded in 1727[3][4] by the 8th Tai Situpa "Situ Panchen" with the great support of the Dharma King of Derge Temba Tsering.

The 12th Tai Situpa, Pema Tönyö Nyinje, has established a new monastic seat in exile at Palpung Sherabling Monastery in the state of Himachal Pradesh near the city of Baijnath.

Palpung Monastery is a gompa in Babang Township, Dêgê County, Garzê Tibetan Autonomous Prefecture in western Sichuan.

[2] Palpung Monastery was founded by the 8th Tai Situpa "Situ Panchen" in 1727 and developed into a preeminent center of learning and scholarship on the eastern Tibetan plateau.

Social turmoil from the late 1950s to 1976 brought destruction of some monastery buildings and neglected maintenance to Palpung's main temple.

Pema Tönyö Nyinje, the 12th Tai Situpa, fled from Kham to Bhutan and then India at the age of six, where he consequently received his formal traditional training under Rangjung Rigpe Dorje, 16th Karmapa.

At the age of 22 he started to set up his seat in exile, Palpung Sherabling Monastery, in Himachal Pradesh, North India.