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Rs.2,000 cr loss for Navy
The Indian Navy has suffered a loss of Rs.2,000 crore due to the severe cyclonic storm Hudhud, which wreaked havoc on Andhra coast on Sunday, said Chief Minister N. Chandrababu Naidu.
Visakhapatnam: The Indian Navy has suffered a loss of Rs.2,000 crore due to the severe cyclonic storm Hudhud, which wreaked havoc on Andhra coast on Sunday, said Chief Minister N. Chandrababu Naidu.
Naidu on Tuesday told reporters that the "navy suffered a loss of Rs.2,000 crores" and the cyclone has caused huge losses to various institutions in the city. Eastern Naval Command, which has its headquarters here, suffered massive damage to its facility on the coast.
Naidu, however, lamented that the navy has not come forward for rescue and relief work in the city.
According to Naidu, Visakhaptnam Steel Plant, the biggest public-sector enterprise, suffered damages of Rs.340 crore. The plant is also losing daily Rs.40 crore due to loss of production. The production is not likely to resume for four to five days.
