Tech Giants Face Losses as Green Energy Costs Drop in India

Imagine big tech companies like Amazon, Microsoft, and Meta made deals to buy clean energy for a set price.

They made these deals to get clean energy and manage risks.

But, the price of clean energy in India suddenly went down.

Now, these companies have to pay extra because they agreed to pay more for the energy than what it's currently worth.

This is because of how their contracts work.

While the price drop is a surprise, it's probably not going to last forever, and these companies might be able to recover their losses later.