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India's NHPC, Patel Engineering fall after tunnel blast kills 10 at Sikkim hydropower project

BUZZ-India's NHPC, Patel Engineering fall after tunnel blast kills 10 at Sikkim hydropower project

** Shares of NHPC NHPC.NS and Patel Engineering PENG.NS fall 0.3% and 2% respectively

** NHPC says an explosion inside an under-construction tunnel at its Teesta Stage VI hydropower project in India's northeastern state of Sikkim kills 10 workers and leaves 15 trapped

** Blast was suspected to have been triggered by a sudden release of methane gas trapped within surrounding rock formations, generating dense fumes and toxic gases inside the tunnel

** Incident occurred on Monday, companies say

** YTD, NHPC up 1.6% and PENG up ~4%


(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))

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