HPCL Visakhapatnam Refinery Fire, HPCL Share Price: Shares of state-owned Hindustan Petroleum Corporation Limited (HPCL) will be in focus on Tuesday, November 3, after a fire broke out at the company’s Visakhapatnam refinery in Andhra Pradesh late Monday night.
The blaze, reported at around 10 PM in a pitch intermediate storage tank, was brought under control within a short time. HPCL confirmed that there were no casualties and all refinery units were operating safely.
Visuals circulating on social media showed towering flames accompanied by thick plumes of smoke illuminating the night sky over the port city.
What did HPCL say about the Visakhapatnam refinery fire?
In an official statement, HPCL said:
“Fire & Safety Team of Visakh Refinery promptly activated the firefighting and emergency response measures.”
“The fire was localized to pitch tank area and was brought under control within a short time. There has been no casualties.”
“All the Units of the Refinery are working safely.”
“HPCL remains committed to the highest standards of safety and emergency preparedness.”
Were there any casualties in the HPCL refinery fire?
Visakhapatnam Police Commissioner Shankabrata Bagchi confirmed that no casualties had been reported following the incident.
“A fire broke out in Vizag HPCL facility and there were no casualties,” the police commissioner said.
What caused the fire at HPCL’s Visakhapatnam refinery?
The exact cause of the incident is yet to be established. According to the police, the oil marketing company has not confirmed what triggered the blaze.
Further details regarding the circumstances surrounding the incident are awaited.
The oil stock closed at Rs 348, up 2.19 per cent from its previous closing, on NSE.
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