The Supreme Court (SC) ruling on April 11 that power generation companies will not get any compensatory tariff to cover the surge in imported coal prices has given a jolt to power stocks. While Adani Power has lost 29% of its market value, Tata Power has erased 7.75% of its m-cap.
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SC ruling may trip Adani Power's networth
Ruling bars Adani Power from seeking compensatory tariff over spike in imported coal prices
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