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Sunday, Nov 28, 2004

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Corporate - Accidents


Fire accident at Nava Bharat unit

Our Bureau

HYDERABAD: A fire accident occurred in the ferro alloy plant of Nava Bharat Ferro Alloys Ltd located at Dhenkanal in Orissa on Friday.

The company informed the stock exchanges on Saturday that the accident involved furnace transformers, resulting in a temporary dislocation of operations. There were no casualties.

The company said the damages were comprehensively covered under insurance.

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