Fire Accident in Unit V of Thermal Power Station-II on 01-07-2020

At around 9.45 Hrs. in Unit V of Thermal Power Station-II, (TPS-II), Neyveli, while it was under shut down and maintenance activities carried on, a fire broke out in the boiler area subsequent to an explosion, resulting in injuries to the NLCIL maintenance team comprising one executive, two Supervisors, three Non-Executive employees and seventeen Contract Workmen. Out of the twenty three injured, six workmen belonging to a contractor succumbed to injuries on the spot. All the seventeen injured were immediately rushed to NLCIL Hospital, sixteen of them after inital treatment were immediately sent to M/s. Appollo Hospitals, Chennai for further higher specialty treatment and one with minor injuries is being treated in NLCIL Hospital. A High Level Enquiry headed by Shri P.K.Mohapatra, Retired Director (Technical), NTPC has been ordered into the cause of the accident, apart from an Internal Enquiry Committee with senior executives headed by Director (Power) of NLCIL. The Unit Head of TPS-II has been placed under suspension pending enquiry by the management. All the four Units of 210 MW each of TPS-II Stage-II have been ordered for shut down for immediate safety audit.

Shares of NLC India Ltd was last trading in BSE at Rs.45.8 as compared to the previous close of Rs. 46.2. The total number of shares traded during the day was 103136 in over 1186 trades.

The stock hit an intraday high of Rs. 46.75 and intraday low of 45.4. The net turnover during the day was Rs. 4742200.

Source : Equity Bulls

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