With reference to the front-page report, “SC pulls the plug on Tata, Adani power tariff relief” (April 12) by Shreya Jai and Hamsini Karthik, while the Supreme Court’s judgment prevents the two companies from passing on the increase in imported coal costs to consumers, it is likely to put such companies further in the red.
The government needs to have a relook at power purchase agreements, particularly what constitutes force majeure conditions. Considering the huge investment required to set up a large power plant, it is critical that power companies have more leeway to pass on cost increases to consumers.
The quality