Afcons Infrastructure, which chartered barge P305 that sank during Cyclone Tauktae and led to the death of at least 51 people, said on Friday that it would provide compensation of Rs 35 lakh to 75 lakh to the families of the deceased personnel.
The personnel on board were working on a project by state-owned ONGC, which has also announced compensation of Rs 2 lakh to the families of the deceased and Rs 1 lakh compensation to survivors.
“The families of the deceased would receive a total compensation equivalent to balance period of service up to 10 years salaries through a combination of ex gratia pay-outs and insurance compensation,” said a press release by Afcons Infrastructure, adding that the compensation would range from a minimum of Rs 35 lakh to Rs 75 lakh per family.
