Fire at RIL's Nagothane unit kills three
After the Panna-Mukta explosion, there is another accident at Reliance Industries (RIL’s) petrochemical plant at Nagothane.
By TNN |
MUMBAI: After the Panna-Mukta explosion, there is another accident at Reliance Industries (RIL���s) petrochemical plant at Nagothane. The explosion killed at least three people and left several injured. The company is in the process of assessing the damage and reason of the fire.
In a release, the country���s largest private sector company said the fire on Friday was brought under control and extinguished within minutes, but affected one of its linear low-density polyethylene (LLDPE) plants with a capacity of 60,000 tpa. There are two LLDPE plants at Nagothane. The other LLDPE plant, with capacity of 1,00,000 tpa, is fully operational.
���At around 11.20 am on Friday, a fire broke out in a section of the LLDPE plant no 2 at the company���s Nagothane manufacturing division. The plant was shut down on June 5 for routine maintenance when the unfortunate incident took place. Customer supplies will not be affected,��� said an RIL statement on Friday.
���A thorough investigation has been ordered and is underway to establish the exact cause of the incident. The rest of the Nagothane complex is operating normally,��� it added.
Shares of RIL on BSE dipped marginally by 0.37% to close at Rs 2,239. RIL shares were down 7% in the last one week and 16% in the past one month.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
