business

Tamil Nadu power utility cannot afford to default, says REC

HD Khunteta from Rural Electrification Corpration (REC), in an interview on CNBC-TV18, said that Tamil Nadu board's outstanding amount stands around Rs 8000 crore and it is a part of the government department. Hence, he feels that the state power utility cannot afford to default.

first published: Jun 20, 2011 12:50 pm