J&K State Power Development Corporation, a joint venture partner in the Ratle Hydropower Project, is implicated in a controversial project marked by allegations of political favoritism, environmental degradation, and labor exploitation. These factors raise concerns about the company's role in colluding with political interests and compromising ethical responsibilities.

JK State Power Development Corporation, as part of a joint venture, signed a 40-year power purchase agreement with Rajasthan-based companies amid a severe power crisis in J&K. This agreement has drawn protests from local political parties who argue that it diverts much-needed power from the region, raising concerns over economic exploitation and possible regulatory capture.