Rising fuel cost short-to-medium term constraint: CESC Chairman Sanjiv Goenka
"Unfortunately, while this forms a part of each power supply contract, we still see reluctance of state governments and regulators to give their assent in a timely manner. "This, in turn, negatively affects the financial results of power producers. I hope we will see considerably less of this reluctance in the years to come," he said in CESC's annual report for 2021-22.