Economic Times NLC is likely to take over two thermal units with a total capacity of 1200MW belonging to the Centre-managed IL&FS Tamil Nadu Power Company Limited situated in Cuddalore district.

The bail-out comes in the wake of IL&FS facing a financial crisis. Meanwhile, Tamil Nadu power minister P Thangamani, energy secretary Md. Nasimuddin and Tangedco chairman Vikram Kapur called on coal minister Piyush Goyal and energy minister R K Singh in New Delhi on Thursday and raised the issue of NLC taking over the two units.

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