
Business Update20 Sept 2025, 01:44 pm
NR Agarwal Industries Ltd. Reports Fire Loss at Unit-I Plant in Gujarat
AI Summary
NR Agarwal Industries Ltd. reported a fire incident at their Unit-I plant located in Vapi, Gujarat on Friday, September 19, 2025. The fire started in the Electrical Transformer and spread to the Electrical PCC room, VFDs, ACBs, LT and HT cables, causing an estimated monetary loss of approximately Rs. 4 crores and an estimated production loss of 2300 MT. The company has an Industrial All Risk Insurance Policy, and a claim has been lodged. The plant is expected to be operational again in 7 days.
Key Highlights
- NR Agarwal Industries Ltd. experienced a fire incident at their Unit-I plant in Vapi, Gujarat.
- The fire started in the Electrical Transformer and spread to other electrical components.
- The estimated monetary loss is approximately Rs. 4 crores, with an additional 2300 MT production loss.
- An Industrial All Risk Insurance Policy is in place, and a claim has been lodged.
- The plant is expected to resume operations in 7 days.