Indian IT firms like Tata Consultancy Services (TCS) may be impacted by the bankruptcy of US utility company Pacific Gas & Electric after being blamed for massive wildfires in the state of California, US, The Economic Times reported.

PG&E Corp, owner of the largest US power utility, filed for bankruptcy protection on January 29, in anticipation of liabilities in excess of $30 billion from the deadliest wildfires in California's history.

PG&E, which provides electricity and natural gas to 16 million customers in northern and central California is held responsible for faulty equipment that led to the massive wildfire which resulted in tens of people dying and thousands of homes and businesses destroyed.

TCS had bagged a multi-year, multimillion dollar outsourcing contract from the electric company in 2017, the report said. There are about 150 people on the project and the unbilled revenue is a few hundred thousand dollars, said the ET report, citing sources.

Apart from PG&E, Southern California Edison, which also outsources to Indian IT companies such as Infosys and TCS, may be held accountable for the massive California wildfires, the report added.