Regular power cuts in the last fortnight have led to losses of around INR20m at Udaypur Cement’s Gaighat plant, India.
The company had started the new financial year with good business as the power supply to the works had been regular, according to plant manager, Nawal Kishore Saha. While the company has previously requested the authorities an uninterrupted power supply, its requirement had not been met on previous occasions as well.
Last year, Udaypur Cement earned a profit of INR250m.
