Newly appointed Managing Director of Adhunik Power & Natural Resources Limited has laid out plans for loss making company profitable.
Addressing a press meet at a hotel in Adityapur in the adjoining Seraikela-Kharsawan district, Raghvendra Kumar Singh, said “Adhunik Power & Natural Resources Limited is running in loss. The company wants Rs 95 crore per month income but it is getting only Rs 82 crore and the company is facing a loss of Rs 13 crore every month but we have plans to take loss to zero and make it profitable.
Replying to a query, MD informed, the company is incurring loss due to which the CSR activities in and around the vicinity of the company has been suspended but he hoped that soon CSR and other activities will resume which will help make better livelihood for all associated with Adhunik.