Arun Kumar Rath replaces M Ravi, takes charge as Bhilai Steel Plant CEO

M Ravi was removed following an accident at SAIL's Bhilai plant in Durg district on Tuesday

ARUN KUMAR RATH, CEO of Bhilai Steel plant, BHILAI STEEL PLANT,
Arun Kumar Rath, new CEO of Bhilai Steel plant (Photo: Twitter)
Press Trust of India New Delhi
Last Updated : Oct 12 2018 | 9:50 PM IST

Arun Kumar Rath, CEO of SAIL's Durgapur Steel Plant, Thursday took charge as the new CEO of Bhilai 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 state-owned steel maker Steel Authority of India Limited's (SAIL) Bhilai plant in Durg district of Chhattisgarh Tuesday.

ALSO READ: Death toll in Bhilai Steel Plant explosion rises to 13

"Operations have resumed and A K Rath has taken over as the new CEO of our plant in Bhilai," M C Agarwal, Executive Director (Corporate Affairs), Steel Authority of India Limited (SAIL) told PTI.

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

The Centre has announced a compensation of Rs 3.3 million 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 3.3 million and Rs 9 million.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 11 2018 | 10:00 PM IST

Next Story