» Visakhapatnam Steel Plant Fire Loss Estimated At Rs. 100 Crores
Vizag Steel Plant Fire Loss: 100 Crs
Despite officials at the Visakhapatnam Steel Plant (VSP) describing the Sunday fire as "minor", the blaze is believed to have caused a loss of around Rs. 100 crores.
In spite of the officials at the Visakhapatnam Steel Plant (VSP) describing the fire which broke out in the CC-2 wing of the plant on Sunday as "minor", the blaze is believed to have caused a loss of around Rs. 100 crores.
According to the fire department sources, the fire was detected in the Medium Merchant Structural Mill (MMSM) on Sunday at mid-morning. Sources close to the department said that the initial reports suggested that a liquid fuel leakage had led to the blaze.
However, the VSP officials described the blaze as ‘minor’, and clarified that the operations in the steel plant were not affected by the fire.
They also hastened to add that there were no human casualties reported in the incident.
Nearly 60 tons of molten steel is reported to have spilled over from the broilers. The workers at the plant were evacuated to safety while the blaze was being controlled, the VSP officials said.
The officials have estimated the loss to be around Rs. 100 crores. However, the exact loss would be known only after an investigation, they added. (INN)