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Power Finance Corporation Ltd.
BSE: 532810 | NSE: PFC
Large Cap | Finance Term Lending
371.20
-4.25 (-1.13%) PFC, REC sign pact with KHEL to finance hydropower project in Bhutan
Date: 11-03-2021Power Finance Corporation (PFC) and REC have entered into a pact with Bhutan-based Kholongchhu Hydro Energy (KHEL) to finance a 600-megawatt hydroelectric project at Trashiyangtse in the neighbouring country. KHEL is a 50:50 joint venture between SJVN India and Druk Green Power Corporation (Bhutan) set up for developing the 600-MW Kholongchhu hydroelectric project in the eastern Bhutan.
PFC is central PSU under Ministry of Power and India's leading NBFC.