Premier Explosives Limited has announced a fire accident at its factory located in Peddakandukur village, Yadadri Bhuvanagiri District, Telangana. The incident occurred on January 4, 2025, at approximately 9:30 a.m., affecting one of its pyrotechnic manufacturing facilities.
Key Details:
- Casualties: The accident tragically resulted in the loss of one life, while another individual sustained severe injuries and is currently receiving treatment at a Hyderabad hospital.
- Damages: The fire caused significant damage to the building and equipment at the site. The company has confirmed that the assets were fully insured, and steps are underway to assess the extent of the losses.
- Cause: The exact cause of the fire is under investigation, with the company fully cooperating with the authorities.
- Operations: Efforts are being made to restore normal operations at the factory as soon as possible.
Premier Explosives Limited has conveyed its commitment to ensuring the safety of its workers and will take all necessary precautions to prevent such incidents in the future. Further updates will follow as investigations progress.
