
Disruption24 Jul 2026, 10:50 pm
Gandhar Oil Refinery Plant Affected by Flooding in Silvassa
AI Summary
Gandhar Oil Refinery (India) Ltd has informed that its manufacturing plant in Silvassa has been affected by flood-like conditions due to unprecedented heavy rainfall. The company is currently assessing the impact on its assets, operations, and production. While the extent of the damage is being evaluated, the company has adequate insurance coverage and has intimated the incident to the insurance company. Measures are being taken to restore normal operations. The company will provide further updates if material developments occur.
Key Highlights
- Gandhar Oil's Silvassa plant impacted by severe flooding.
- Company is assessing the extent of damage to assets and operations.
- Adequate insurance coverage is in place for the incident.
- Restoration measures are underway to resume normal operations.
Price Impact
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