Thursday, October 22, 2026 12:54 PM

Fire at Ambe Steel Industry in Banke causes damage worth over Rs 15.6 million

Kathmandu, October 22: A fire broke out in the furnace oil tank of Ambe Steel Industry in Bakaspur, Ward No. 5 of Janaki Rural Municipality, Banke, causing an estimated loss of Rs 15.6 million.

The fire erupted at around 1:30 a.m. on Thursday after an electrical short circuit in the tank containing furnace oil, a type of fuel used in equipment for melting iron. According to police, the tank had a capacity of 200,000 litres.

Following the report of the fire, a team from the Khajura Khurd Area Police Office, local residents and firefighters jointly worked to bring the blaze under control. The fire was completely extinguished at around 2:30 a.m.

Police said timely intervention prevented further damage to the industry and no casualties were reported.

Although preliminary estimates put the property damage at around Rs 15.6 million, police said further investigation was underway to determine the exact cause of the fire and assess the full extent of the damage.

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