Published Paper Details:

The power sector plays a crucial role in economic development, but traditional financial assessments often overlook hidden costs such as environmental degradation, regulatory compliance, and public health impacts. This study explores the hidden financial burdens faced by power sector companies, with a specific focus on TATA Power. Using a mixed-method research approach, the study incorporates financial ratio analysis, regression models, and comparative performance evaluation (2015-2024) to assess the economic impact of hidden costs. Findings indicate that environmental costs, regulatory obligations, and health-related liabilities significantly affect profitability and investment decisions. While compliance measures increase operational costs in the short term, they enhance long-term sustainability and financial stability. The study emphasizes the need for transparent financial reporting, efficiency optimization, and regulatory reforms to mitigate hidden costs. Recommendations include greater investments in renewable energy, adoption of advanced emission control technologies, and regulatory cost-sharing frameworks. The findings provide valuable insights for investors, policymakers, and industry leaders, helping them develop strategies to balance profitability with sustainability in the power sector.