A K Rath assumes charge as Bhial Steel Plant CEO

Press Trust of India  |  New Delhi 

Kumar Rath, of SAIL's Steel Plant, Thursday took charge as the new of Steel plant, two days after a major fire accident at the SAIL unit which has so far claimed 13 lives.

Rath has replaced M Ravi who was removed Wednesday following the accident.

An explosion took place at the Limited's (SAIL) plant in Durg district of Chhattisgarh Tuesday.

"Operations have resumed and A K Rath has taken over as the new of our plant in Bhilai," M C Agarwal, (Corporate Affairs), Limited (SAIL) told

Expressing anguish at the loss of lives in the blast, who reached the site Wednesday removed the M Ravi with immediate effect and suspended (safety department) T Pandya Raja and Deputy (department) Naveen Kumar.

The Centre has announced a compensation of Rs 30 lakh each to the families of workers who lost their lives in the blast.

The families of the deceased will also get a statutory compensation between Rs 33 lakh and Rs 90 lakh.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 11 2018. 22:00 IST