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1. Restart After 90Day Shutdown
Sigachi Industries Ltd is set to recommence operations at its Hyderabad unit on July 28, following a
90day production pause triggered by a deadly explosion on June 30.
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The blast at the Pashamylaram facility claimed 44 lives and injured dozens
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Restoration efforts focused on damaged equipment, civil structures, and safety upgrades
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The unit contributes 6,000 MTPA to Sigachi’s total 21,700 MTPA capacity
2. Safety Overhaul and Regulatory Scrutiny
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The company faced intense inspection over fire safety lapses and reactor pressure issues
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Telangana government mandated fresh audits and industrial safety reforms
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Compensation of Rs 1 crore per deceased worker was announced by the state
3. Operational Outlook and Insurance Coverage
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The Hyderabad plant is fully insured; claims have been initiated
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Other units in Gujarat remained operational during the shutdown
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Sigachi has pledged enhanced safety protocols and compliance measures
Sources: The Hindu, Economic Times, Times of India, BusinessLine, Reuters India, NowHyderabad, ANI News
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