2 bodies found, dozens missing in Mumbai-Goa highway bridge collapse

August 3, 2016

Raigad (Maharashtra), Aug 3: Two bodies were recovered on Wednesday after more than half the Mumbai-Goa highway bridge collapsed the previous night, plunging around 10 vehicles into the water.

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A multi-agency search operation was launched in the morning after a section of the British era bridge gave way due to heavy rains, leaving at least 22 people missing.

The bridge collapsed around midnight on Tuesday, but vehicles, unable to see the missing section in the dark, fell into the river. Two Maharashtra State Road Transport Corporation (MSRTC) buses were among the vehicles, carrying 17 passengers in total.

State authorities fear that victims of the mishap might have been washed into the sea 35 kms away.

Locals found the two male bodies 8 kms downstream from the site of the collapse. State authorities including the Raigad collector and the state public works minister, said the bodies were yet to be identified.

Government agencies, including teams from the National Disaster Response Force (NDRF), Navy and Indian Coast Guard, began search and rescue operations on Wednesday morning. The collector and police superintendent had arrived to coordinate efforts.

Stalled traffic from the collapsed bridge was diverted to a parallel bridge, the collector said.

Confirming the incident, chief minister Devendra Fadnavis tweeted at around 2 am on Tuesday night, saying: “There is no confirmed assessment of the casualties as the area is still very dark.”

He explained that there were two parallel bridges -- an old one constructed during the British era, and new one -- which connected to the Mumbai-Goa highway, both critical links to the road network.

“Primary reason seems to be high pressure caused due to flooding of river Savitri due to heavy rains in catchment of Mahabaleshwar,” ANI reported him as saying.

According to MSRTC?officials, the incident happened around 11:30 pm. They received information of the mishap when a driver of a Mumbai-bound bus saw a state transport bus being swept away in the current and alerted MSRTC control.

“Appearantly two buses, Jaigad-Mumbai and Rajapur-Borivali, are suspected to have washed away in the flood when the bridge collapsed along with some private vehicles. Seventeen passengers, nine and eight each, were travelling in the two buses,”said VV Ratnaparakhi, general manager (traffic), MSRTC.

The corporation has been unable to contact their staff on the buses.

MSRTC is the biggest public transport undertaking in the country with more than 17,000 buses ferrying 60 lakh passengers daily.

Rescue efforts afoot

Ranjitsingh Deol, vice chairman and managing director of MSRTC, said their officials had reached the spot and were assisting the NDRF team and other authorities in search and rescue operations.

Anupam Srivastava, commandant, NDRF (Pune), said, “The first team comprising of 40 men consisting of divers, swimmers, boats and equipment necessary for rescue operations was dispatched at 5 am in the morning. Three more teams -- two from Mumbai and one from Pune, each consisting of 40 men, have been asked to join operations.”

The Coast Guard dispatched a Chetak helicopter for search sorties at about 8:15 am to locate people who were swept away in the river’s current. A Seaking 42C all weather aircraft with diving team is being launched by the Indian Navy, a defence spokesperson said.

Additional superintendent of police (Raigad), Sanjay Patil, said 35 professional divers were combing the area on five boats and two kayaks. He added one helicopter from the coast guard and Navy each had joined the aerial survey.

For information on the missing persons, one may contact the toll free number 1077 or call on 02141 - 222118.

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Comments

R Ahmed
 - 
Wednesday, 3 Aug 2016

Also please take proper action on Gurupr bridge , thats also very old and from british era

Rikaz
 - 
Wednesday, 3 Aug 2016

Government should give priority on maintaining Kulur bridge, that too was built during british time.....please do not save money at the cost of safety of humankind.....

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News Network
April 21,2020

New Delhi, Apr 21: The historic rout in oil markets that sent US crude prices plummeting to as much as minus USD 40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet.

With storage capacity already overflowing amid coronavirus-induced demand collapse, traders rushed to to get rid of unwanted stocks triggering the collapse of US West Texas Intermediate (WTI) crude for May delivery.

Indian Oil Corp (IOC) Chairman Sanjiv Singh said the collapse was triggered by traders unable to take deliveries of crude they had previously booked because of a demand collapse. And so they paid the seller to keep oil in their storage.

"If you look at June futures, it is trading in positive territory... around USD 20 per barrel," he said.

Low oil prices may seem good in short-term but in the long run it will hurt the oil economy as producers will have no surplus to invest in exploration and production which will lead to a drop in production, he said.

He did not comment on retail fuel prices that have been static since March 16.

Oil companies have not changed rates despite a fall in international prices as they first adjusted them against the increase that was warranted from a Rs 3 per litre hike in excise duty and close to Re 1 per litre additional cost of switching over to cleaner BS-VI grade fuel from April 1.

Petrol in Delhi is priced at Rs 69.59 a litre and diesel comes for Rs 62.29 per litre.

"The negative price has no direct impact on India or Indian oil prices, as this has taken place due to crude oil produced and traded within the US. India's prices are driven partly by another benchmark, the Brent, which is still trading at USD 25/barrel. Therefore, the retail price of fuels in India are unlikely to fall," said Amit Bhandari, Fellow, Energy and Environment Studies, Gateway House.

Also, Indian refineries are already overflowing as fuel demand has evaporated due to the unprecedented nationwide lockdown imposed to curb spread of COVID-19. So, they can't rush to buy US crude.

The refineries have already cut operating rate to half because the fuel they produce has not been sold yet.

India imports 4 million barrels/day (1.4 billion barrels/year) of oil. The country has been benefitting from the falling prices of oil for the last five years, when oil dropped from a peak of USD 110/barrel to USD 50-60/barrel last year, enabling India to invest in public service programmes.

"However, the additional USD 30 fall of this week is good for India - but there is also a downside. If oil prices are too low, the economies of oil-rich gulf countries will be hurt, threatening the job prospects of the 8 million Indians working in the Gulf countries. India is the largest recipient of foreign remittances due to these workers – very low oil prices will hurt this cash stream," Bhandari said.

He said the negative price of oil shows how much oil oversupply exists in international markets today. "Global oil consumption has fallen due to the COVID-19 pandemic that traders are willing to pay customers to get rid of the barrels they can't store. The world does not have enough storage capacity, and dumping the oil is an environmental crime."

The first half of April saw Brent crude oil prices plummet 63.6 per cent to USD 26.9 per barrel. Prices of Western Texas Intermediate (WTI), the American oil, had also fallen similarly by 63.1 per cent.

But on April 20, WTI prices turned rapidly negative because traders on the Nymex exchange rushed to offload their May futures positions a day before expiry of contracts (on April 21).

Such WTI futures are traded on the Nymex exchange with contracts settled in physical crude oil. Problem is, those who had gone long are unable to find storage facilities for the oil and had to liquidate their contracts before expiry. This caused the plunge in WTI prices.

Contrast to this, June WTI Nymex futures prices is hovering around USD 21, while Brent for June delivery is at USD 25.

Miren Lodha, Director, CRISIL Research said the demand for crude oil was declining already because of economic slowdown when the COVID-19 pandemic-driven lockdowns crushed it further.

Consequently, oil demand is expected to contract by 8-10 million barrels per day (mbpd) in 2020 assuming demand recovery begins from the third quarter of the year, he said, adding if recovery doesn't happen by then, further demand destruction could occur.

On the supply side, producers reining in output following a strategic deal between OPEC members, Russia and the US.

Under this agreement, OPEC+ would reduce oil production by 9.7 mbpd for May and June, but gradually ease the curb to 7.7 mbpd between July and December 2020, and to 5.8 mbpd till April 2022 to stabilise prices.

"This is expected to reduce some surplus in the market by the end of 2020," Lodha said.

Crude oil demand is expected to decline by over 20 mbpd in April alone. Typically, monthly global demand is about 100 mbpd. Given this scenario, supply curbs would have limited influence.

Consequently, Brent oil prices is expected to be in the USD 25-30 range for the second quarter while increasing marginally in the last 2 quarters of 2020.

"The gigantic inventory build-ups and lack of storage facilities would also put pressure on prices," he said, adding overall Brent could average USD 30-35 in 2020, with a strong downward bias.

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News Network
March 16,2020

Mar 16: A fourth batch of 53 Indians returned to India from Iran on Monday, taking the total number of people evacuated from the coronavirus-hit country to 389.

This comes a day after over 230 Indians were brought back from Iran to New Delhi and quarantined at the Indian Army Wellness Centre in Jaisalmer, the third batch to be evacuated from that country.

"Fourth batch of 53 Indians - 52 students and a teacher - has arrived from Tehran and Shiraz, Iran. With this, a total of 389 Indians have returned to India from Iran. Thank the efforts of the team @India_in_Iran and Iranian authorities," Jaishankar tweeted.

The Indians came in a Mahan Air flight that landed at the Delhi airport at around 3 am, officials said, adding that they were later taken to Jaisalmer in an Air India flight for being quarantined.

The first batch of 58 Indian pilgrims were brought back from Iran last Tuesday and the second group of 44 Indian pilgrim arrived from there on Friday.

Iran is one of the worst-affected countries by the coronavirus outbreak and the government has been working to bring back Indians stranded there. Over 700 people have died from the disease in Iran and nearly 14,000 cases have been detected.

Jaishankar had told Rajya Sabha last week that the government was focusing on evacuating Indians stranded in Iran and Italy as these countries are facing an "extreme situation".

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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