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GAIL announces relief measures for victims of pipeline blast in AP
Source: IRIS | 30 Jun, 2014, 03.46PM
Rating: NAN / 5 stars.
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GAIL (India) initiated implementation of a slew of relief measures for the affected families and villagers of Nagaram following the tragic gas pipeline incident in which nineteen people lost their lives and several were injured.

The compensation of Rs 2 million per deceased and Rs 50,000 to each of the 19 injured, totaling to Rs 38.9 million was handed over to the district administration on June 29, 2014. The disbursement of compensation to the individual eligible beneficiaries will begin on June 30, 2014, GAIL said.

GAIL said the company will bear the medical expenses of all the injured persons and best possible medical care will be provided.

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 (India) said.

B C Tripathi, CMD, GAIL said, ''GAIL (India) deeply mourns the tragic loss of life and property in the unfortunate incident along the natural gas pipeline of the company at Tatipaka in East Godavari district of Andhra Pradesh. Our ED (Human Resources), Mr. Amit Ray has been nominated as the nodal officer for coordinating the relief and rehabilitation measures and closely work with local authorities, Government and villagers.''

Shares of the company gained Rs 6.25, or 1.37%, to settle at Rs 462.35. The total volume of shares traded was 176,896 at the BSE (Monday).

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