The shares of the state-run refinery major fell to Rs.291.50 in early trade, down from its previous close at Rs.315.25, but stabilised marginally at Rs.308.10 later.
Petroleum Minister Murli Deora, who reached Jaipur early morning, said the cause of the fire that broke Thursday evening was still being ascertained even as some eyewitnesses said it broke after a leak from one of the tanks, which also caused a loud explosion.
The company has 11 huge tanks and all of them were seen burning. The rising flames and dark smoke could be seen from a distance of over 15 km.
While the oil minister said the losses will be estimated by experts, analysts felt it could be as high as Rs.200 crore.
"We will have to let all the fuel burn. Only then will experts be able to go anywhere near the site," Deora told reporters here after a visit to the site with senior officials of the state-run company.
Source: IANS



Respected Politician of Republic of India ,
It is enough now please wake up and see how neighbor country came out of poverty and make there nation Global market of the world , please now let our people also enjoy there life , do not divide them in cast creed and in regions, tell them what are fact ? ,fear from GOD and do some thing to let our motherland and our people proud on you , do not disgrace the effort of the people who died and suffer for independence of "BHARAT MATTA " , negligence , corruption and self interest take away from your mind to be really great sons of India , who are working for government should think of honestly to government to become real son of a mother do not disgrace your mother , do your duties honestly .
who so ever where so ever work honestly for the development of our nation once we started this let other come to our country to work why need we go to become there waiters we have all , by the grace of Lord we have all sources , any national loss is our loss come out of religion ,cast , creed and regions we are all Indian first become Indian first then you can be true Hindu , Muslim , Jain , Sikh or Christian what ever is your religion .
Take oath all will work first for nation then for ourselves , it is not too late let's save each and every penny to bring our nation world's most happy and united with several religion and belief. COME ALL do not let any other depot to be on fire it is all our money it belongs to US .