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Power and Money

Chapter 19 / 51

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Chapter 19 of 51

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Chapter 19: 019 Let's Feed India

Power and Money

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“stop! Where are you from?”

“I am Rohit Karmakar, from Nayara Corporation. I’m here to see the Branch Manager.”

“Did you have an appointment?”Full novel: Power and Money — read the rest free on N​o⁠v​e⁠l​C⁠o​d⁠e​x⁠.​o⁠r​g⁠

Shit, to him I need an appointment, looks like I have to Gaslight him.

“Well,I was supposed to meet him in a few days in Delhi, but I have something to tell you in advance. Please tell it like this.”

“If you’re going to tell me in advance…”

“This… just conveyed it as it is.”

“Ah, yep! All right.”

In the 50s or anytime , it is better to be so condescending than to ask like a arrogant prick because every single connection matters.

I looked out of the car window and the gate opened in an instant.

When I parked my car near the main gate, I contacted him through the intercom and he guided me to the Branch Manager’s office.

**

“Umm, did you say Mr. Rohit?”

“Yes, I came with an introduction from Mr. Alfred.”

if an Indian buisnessman or politically connected person don’t know his name, he/she is a fucking idiot.

When I entered the president’s office, a middle age man greeted me.

I say I was introduced by Alfred , but I don’t know if I was going to come see him in person.

“My name is Devendra Nath Mitra.Nice to see you.”

“Nice to meet you. My name is Rohit Karmakar.”

“I have heard a lot from Dr. Alfred, he said that you are a very resourceful person .”

“That’s an overstatement.”

“I’ll take you this way.”

Mitra treated me with respect.

Biscuits and Tea were set on the table.

It seems that Alfred was quite friendly when he chatted with others.

That’s why my name even reached the upper echelon of the government.

Thanks Alfred for your free publicity of me.

It felt good to drink proper tea after a long time.

“There is still time until the Symposium so why did you come here?”

The tone was polite, but not a welcome sign.

Well, the initial factory, which was the only privilege, was also ruined, and sales in Bengal were not great, so from the point of view of the branch manager, who is responsible for both Bengal ?

It is tough, I can understand his mood..

hey, you got it

You know you’re lucky to have met me.

“How difficult is the boss? I came to see you in advance out of concern.”

“You were worried about me?”

“Sure. The headquarters reprimands us every day for getting blueprints for contracting the construction of a viable chemical complex, the government asks us to participate in investment, and the Bengal government asks us to hurry up the revitalize.”

“… ha… how did you…”

A look of bewilderment and wariness appeared on Mr.

Mitra’s face at the same time.

It was only natural that I knew the secret situation.

Because that bastard is particularly using this 10 Branch manager to get grip on the 10 zones to establish viable zones for chemical industry, and ONGC this time practically doing work as the incubator for chemical industry, otherwise there is no way each branch manager is responsible for $2.5 million investment.

At this period it’s practically impossible to build a chemical industry when people don’t have enough food to eat, and the clerks who lead me here, after i gaslight him he told me that this branch manager is suffering from headache, as there is no viable partner who can construct,own and operate a fertilizer plant, and PMO gave him timeline to submit the report before the symposium.

Luckily I have already planned and I have prepared a whole branch of documents regarding that.

“I came to know about it naturally as I did consulting for various walks of life while running a business.”

“I didn’t know there were lobbyists in India.”

Branch manager Mitra treated me as a lobbyist.

“I decided to help ONGC as a citizen of India, not as a buisnessman.”

“Are you helping us?”

“Sure. If we don’t help ONGC now, isn’t it a risk that the entire investment in the Haldia Industrial Complex will be stranded? PMO and Niti Aayog are using ONGC as the spearhead to develop the chemical area .”

“Haha, the spearhead. Well, let our branch managers be to be a pioneer in the unknown. We want to be the Columbus of the 20th century.”

In terms of opening the way for both Bengal whether or not this investment fails, it will surely contribute to our states in CAPEX and GDP.

Besides, since you met me now.

I can’t loose this opportunity New chapters come out on g.com first.

“haa! Columbus of the 20th century. It’s similar to Columbus in terms of discovering America and not making much money.”

“… how do we not make money?”

It was a provocation, but the situation was so urgent that instead of getting angry, he asked a question.

It must have been because of Alfred’s boasting of me.

“Isn’t that why I came?”

“Do you know what our problem is?”

Branch manager Mitra began to test my skills.

Finally, the milling party began.

It was also a question to determine whether they were lobbyists or fraudsters.

“Where is the problem? Domestic demand in Bengal is poor now, the infrastructure we inherited from takeover of foreign companies is mess now, we can’t not viably construct a oil refinery,we have a balance of 2.5 million USD for investment, but don’t have partners to invest that money and give returns to Delhi, PMO is hanging over our head as A sword that can be snap any moment”

“haha…”

Mr.

Maitra laughed.

He didn’t seem too upset yet.

Anyone can predict that much, right?

Hey, I’m an expert in this field!

Even from the 21st century.

“In addition, the quality of crude oil from the Middle East would have been a fatal blow. I tried to refine it cheaply now, where there is no pollution issue with cheap labor, and sell it to business houses at a high price, but the efficiency of the refining is terrible.”

“… her…”

Because of the Indian Govt now Business houses and PSU establishments are expanding rapidly.

However, as soon as I started the business, I ran into an unexpected problem.

The first is the latest oil refining technology that Britishers are promised to give will take at least 5 years to transfer, making it difficult to compete on price.

Even if I introduce advanced technology to support that technology we need sufficient capacity that’s impossible even now because that grade and quality will take at least 5 years.

So a viable large oil refinery can only be followed in the 1950s 2nd quarter of decade.

The second was a technical problem related to crude oil quality.

Asian countries, including India, geographically mainly buy crude oil from the Middle East.

Middle Eastern crude oil has a lot of dregs compared to Texas oil from the US or Brent oil from the North Sea, so less gasoline or diesel is extracted, resulting in very poor profitability.

It was because not only ONGC, but even other major oil companies had neglected its business review in this era till the 1st oil shock.

It’s not for nothing that people say that localization is important in business.

‘Of course, that difficulty is temporary.’

Only now, the taste of dying from Middle East crude oil, but through the 1970s, India’s economy grew rapidly and after liberization it’s explode ,So Middle East crude oil became a jackpot.

And yes in this RIL also has a hand because it’s the only one that has highest Nelson complexity in India, that’s why even when other PSUs go under it is very much profitable and a cashcow for RIL.

Well there are also other factors.

Demand for low-grade petroleum products such as naphtha and asphalt has exploded, just as much as gasoline and diesel.

But I can capture that as India builds its expressways and highways there will be high demand for these products is not it?

Thinking of this made me shout how much money is it?

And thanks to that bastard because I think he is also waiting for the petroleum industry to mature, otherwise he established NHAI but not constructed the road and internally circulated a memo to viably construct and establish the petroleum industry after that India will start construction of roads.

Reverse integration!

well-done.

So, now is a great opportunity to seduce ONGC.

You must not miss this time.

Because this connection can give me much more than that 2.5 million dollars.

“Am I wrong?”

“No, I am amazed at how accurate it is. To be honest, I knew geographically that in India, Middle Eastern crude oil had to be imported, but I did not expect that the proportion of heavy oil would be over 40%.”

Heavy oil is a low-quality crude oil component called bunker C oil.

At best, it is used as a fuel for ships, or as a lubricant or asphalt material.

MENA oil, represented by Iran and Iraq’s oil for now, has a high percentage of heavy oil components, accounting for as little as 40% to as much as 70%.

This is why Texas oil in the U.S.

is brown and has low viscosity, while Iran oil in the Middle East is dark and particularly sticky.

Well not all areas, Iranian heavy oil is a special type of oil that’s why it’s classified as Iranian heavy oil.

“I’m here to clear things up. Helping ONGC is good for our country and for us citizen”

In this day and age, being a patriot has always been a good excuse. The source of this chapter is g.com.

Isn’t it?

“Are you going to solve the problem?”

“Wouldn’t that be solved by raising the oil refining efficiency by about 5%?”

“… 5%?”

A 5% increase in refinery efficiency increases refinery sales by approximately 15%.

In order to raise the efficiency of refining to that extent, a large-scale investment of millions of dollars is required, so in terms of net profit, it is calculated that it will increase by about 5%.

A net profit of 5% is a huge number for manufacturing.

“Of course, no investment is required.”

“Heh heh!! 2… 5% without investment… crazy!!!!”

At first, he looked just like that, but when he said he didn’t need an investment, Maitra stuttered.

There is no one who will not fall to this level.

**

“How on earth do you increase efficiency like that?”

“What are you in such a hurry for? Businesses need to align their interests. You don’t think this is free, do you?”

Branch Manager Maitra deliberately corrected his posture and sat down.

“That… it is. what price do you want? I’ll have to listen to that.”

“I want three things. The first is the investment from you to establish a fertilizer plant, and direct sales channel to NAFED that was just established just few months before, and the second is handing over the abandoned plant and its surrounding area. Third is consistent supply with exclusive buisness rights of Naphta from this plant. Then we will increase the refinery efficiency by 5%.”

For my business to succeed, I need that land, direct sales channel and Naptha.

No matter how much technology I have, I cannot make a product without materials.

Fertiliser chemical is also a raw material for many chemical compounds and in future I can use this expertise and workforce to expand into synthetic resins, synthetic fibers, and synthetic rubber, but its range of uses is enormous enough to be used to make aspirin or saccharin via naphtha.

And Naptha is very important.

Because, Until the rise of semiconductors in the 21st century, ‘industrial rice’ was a word referring to naphtha.

Of course, that’s for later but I intend to use all of the naphtha to spin synthetic fibres.

“Are you saying you will buy the plot, construct a fertilizer plant and refurbish that abandoned plant and buisness rights of Naphta?”

“That’s right.”

I’m going to spend all 200,000 dollars on repairs to the abandoned factory.

And the investment from ONGC to establish a fertilizer plant.

Use Naptha to spin fibres.

There’s no money to pay for the takeover of the factory.

I will use their money.

“Even if you establish a fertilizer plant, NAFED will only buy if it’s match it’s criteria, and you will buy Naptha in market price and the abandoned factory is for sale, so if the refinery efficiency goes up by 5%, we should be happy to offer it.”

“Then, the deal was established with this.”

“But, isn’t the most important prerequisite is that the technology exists?”

Maitra, whose excitement had subsided a little, started talking in detail.

“If you sign a contract, I will show you right now. If my words are false, I will tear up the contract right away. No, you can specify the technology as a condition of the contract.”

I said emphatically.

You should never reveal your skills before signing a contract.

It’s like holding the hilt upside down.

“… Thank you for showing me the demonstration right away… and if it’s real thank you because you know you solve my biggest problem, as you know by now Delhi specifically created a fund for to find partner or directly established fertilizer plant all of other 9 manager has already submitted their proposal even they partner with business houses, or with NAFED or directly establishing fertilizer plant, but only me that is left in limbo”

“I made it clear that if you sign a contract, you have to get the plant ready in 2 years, with sufficient capacity, if that happens Delhi itself will open a sales channel for you.”

I buried myself deep into the sofa as Maitra squirmedly tried to get up.

Maitra also pointed out the last item right before the contract.

“…Everything is good, but it is difficult to have only one company to monopolized the naptha. Do it preemptively, not monopolize. A monopoly means that if a customer cannot digest it, we have to throw it away and the PM Anirban Sen can do anything anytime, so fight with innovation and technology otherwise even I can’t help you. Oh! The plot where you establish the plant can only be leased for now you don’t have to spend money to buy, we ONGC and Bengal govt. will take 5% each of the total profit instead of directly selling the plot or paying the lease payment to us. You know the process right?.”

“Yes,good. Let’s do it first.”

I can fully understand why Maitra would do this.

Because many people don’t know that after March 1948, the ultimate ownership of land now rest with States itself, we can’t buy or sell lands but we can lease that land, in industrial sector the catch is we have to pay 5% in bengal, other states also fixed close at that rate because minimum rate is 3% that is set by Delhi.

As for monopoly it’s right to be first priority and not leave anything for others.

After going through the NAFED, I will have a constant demand for my fertilizers across India

Taking over the abandoned plant for free and acquiring the land is a successful contract, and even the sales channel!

My heart raced, but I pretended to be calm.

“If you agree on the condition, let’s sign a contract.”

Maitra, the branch manager, hurried to sign the contract, as if he found someone to solve the problems that’s hanging on his head.

Yes!

He obviously found it because after two years my plant will feed India.

Full novel: Power and Money — read the rest free on N​o⁠v​e⁠l​C⁠o​d⁠e​x⁠.​o⁠r​g⁠
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