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    • Tamil Nadu power utility cannot afford to default, says REC

      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.

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