Business Daily from THE HINDU group of publications
Saturday, Nov 21, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, Nov 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Corporate
-
Accidents Rebuilding IOC’s Jaipur depot to cost Rs 160 cr, says Deora 
Mr Murli Deora Our Bureau New Delhi, Nov. 20 To rebuild Indian Oil Corporation Ltd’s (IOC) depot in Jaipur, which was destroyed by fire, over Rs 160 crore is needed. In a suo motu statement made in Parliament on the incident of fire at POL depot of IOC at Sanganer, Jaipur, the Minister for Petroleum and Natural Gas, Mr Murli Deora, on Friday said that “the replacement cost of buildings and machinery is estimated to be over Rs 160 crore.” It is estimated that petroleum products worth approximately Rs 146 crore were lost. The terminal was commissioned in 1995 and had 11 storage tanks for motor spirit, high speed diesel and superior kerosene Oil. “All 11 tanks in the depot have been completely destroyed. The product is insured and the timeframe for rebuilding the infrastructure at the terminal would be about two years,” the Minister said. The Minister informed the house that 11 deaths had been confirmed of which 7 were employees of IOC. Over 100 people were injured of which 7 suffered serious injuries. Jaipur IOC depot fire loss put at Rs 300 cr Spate of calamities may compel insurers to hike premiums IOC returns to profit fuelled by dip in oil prices More Stories on : Accidents | Petroleum
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2009, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|