GAIL (India) has initiated implementation of a slew of relief measures for the affected families and villagers of Nagaram. This is following the tragic gas pipeline incident in which nineteen people lost their lives and several were injured. The compensation of Rs 20 lakhs per deceased and Rs 50,000 to each of the 19 injured, totaling to Rs 3.89 crore was handed over to the district administration. The disbursement of compensation to the individual eligible beneficiaries will begin from June 30, 2014.
Parallely, pending the outcome of the enquiry set up both by the Government as well as the Company, two senior officials incharge of the regional operations and maintenance of the pipeline network have been suspended.
GAIL is India's flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.
Company Name | CMP |
---|---|
GAIL India | 203.75 |
Petronet LNG | 313.85 |
Linde India | 8260.00 |
Confidence Petroleum | 88.63 |
Refex Industries | 161.50 |
View more.. |