SAIL, RINL spent Rs 7,804 cr on maintenance of plants during 2015-18


    Domestic steel giants SAILNSE 0.52 % and RINL spent an average of about Rs 7,804 crore annually on maintenance of plants in the last three financial years, Parliament was informed today.

    "The average annual expenditure on maintenance of different plants (including maintenance of equipment) of SAIL and RINL during the last three financial years was about Rs 6,650 crore and Rs 1,154 crore, respectively," Minister of State for Steel Vishnu Deo Sai told Lok Sabha in a written reply.

    Sai said both PSUs have taken a number of steps including safety awareness drives, regular inspection and mandatory training to check accidents.

    He said in case of fatal accidents of regular employees, compensation is given under the Employees' Compensation Act while in case of contractual staff, benefit is paid under Employees' State Insurance Scheme by ESI.

    "SAIL and RINL have paid approximately Rs 2.89 crore as compensation to the injured persons and families of deceased during 2015-18," the minister said.

Source: Economic Times