Get latest articles and stories on Latest News at LatestLY. State-owned entities REC Ltd and Power Finance Corporation (PFC) have entered into a pact with Bhutan-based Kholongchhu Hydro Energy Ltd (KHEL) to finance a 600-megawatt hydroelectric project at Trashiyangtse in the neighbouring country. Latest News | REC, PFC Sign Pact to Finance Hydropower Project in Bhutan.