Don’t miss the latest developments in business and finance.

Blast in SAIL's Bhilai plant kills at least six: police official

Image
Reuters NEW DELHI
Last Updated : Oct 09 2018 | 2:35 PM IST

NEW DELHI (Reuters) - A blast at Steel Authority of India's (SAIL) plant in Chhattisgarh on Tuesday killed at least six people, a police official said.

State-run SAIL is one of India's biggest steel producers, and the blast occurred at its Bhilai plant. The company said an "incident" had taken place at the factory but had no details on casualties. There was no immediate comment from the company on whether production was affected.

"It is not clear how many more could have died, we are recovering more bodies. It is very difficult to say how many more have died, as some bodies are charred," the police official, who declined to be named because he was not authorised to speak to media, told Reuters.

Shares of SAIL fell as much as 4.2 percent to a near one-year low on the news.

Bhilai Steel Plant is India's sole producer and supplier of rails for Indian Railways, and a major producer of a large variety of wide and heavy steel plates and structural steel, according to the company's website.

The plant has annual steel production capacity of 3.153 million tonnes, with products including wire rods, according to SAIL.

More From This Section

(Reporting by Nidhi Verma and Sudarshan Varadhan; Editing by Sanjeev Miglani and Manolo Serapio Jr.)

Also Read

First Published: Oct 09 2018 | 2:30 PM IST

Next Story