In an interview with CNBC-TV18, G Venkatesh Babu, MD of Lanco Infratech said the government has not moved on capping merchant tariffs yet.
The entire power sector has been under pressure recently, mainly on the back of a media report that came out last month. The reports suggested that the Ministry of Power is proposing to cap tariff sold from power projects, which have captive coal blocks or assured domestic coal linkages.
However, according to Babu, the capping of tariffs is unlikely on fuel supply and structural issues.
Below is an edited transcript of Lanco MD