There was a change in ministry when a new minister took over after election and change in government. Our case was being presented by a Joint secretary using an old progress report and I objected. The Minister deferred the review for some other date. My Joint Secretary wanted to create fear in me but I didn't accept.
I was fully concentrating on the company's performance and solving employee related issues by altering systems and methods. I found new ways to arrange for orders and concentrated on important clients like NTPC who had given us orders for more than six hundred crores. Completion of these projects in time was must both in our interest and national interest of creating higher capacity in power generation, I was regularly in contact with their Directors and Chairman and also reviewed the progress on fortnightly basis.
Once I reported to the Minister at the end of the financial year that net profit was possible if interest payment on government loans could be made deferred payment. On his suggestion a proposal was moved but it got stuck in the Finance ministry. After some years it was utilised by other chairman and was in an advantageous position. But he couldn't sustain the profitability and order book of the company. Finally the company was placed under administrative Control of another PSU which in the past used our working ways to improve its own position.