Rs 35-75 Lakh Compensation For Families Of Those Killed In Barge Tragedy

A sum equivalent to "balance period of service up to 10 years' salary through a combination of ex-gratia payouts and insurance compensation" would be paid, Afcons said in a statement.

Afcons Infrastructure, whose chartered barge P305 with 261 personnel at the Bombay High offshore oilfield was wrecked by Cyclone Tauktae earlier this week, on Friday announced compensation to families who lost their loved ones in the incident.   The number of deaths on barge P305 that sank in the Arabian Sea five days ago rose to 51 today even as the Navy and the Coast Guard continued the search for the 24 personnel missing from the barge and 11 from anchor boat Varaprada. A sum equivalent to "balance period of service up to 10 years' salary through a combination of ex-gratia payouts and insurance compensation" would be paid, Afcons said in a statement. "While the modalities of the payments are being worked out, it is estimated that total compensation would range from Rs 35 lacs up to Rs 75 lacs per family," the company said.