IFFCO to set up 4 oxygen plants in next 15 days at Rs 30 cr

IFFCO is scheduled to set up four medical oxygen plants with an investment of about Rs 30 crore in the next 15 days in Uttar Pradesh, Gujarat and Odisha.

New Delhi:Cooperative fertiliser major IFFCO on Monday said it will set up four medical oxygen plants with an investment of about Rs 30 crore in the next 15 days in Uttar Pradesh, Gujarat and Odisha, in a bid to supply it for free to hospitals.

The plant will be put up at Kalol (Gujarat), Aonla and Phulpur (Uttar Pradesh) and Paradeep (Odisha), it said.

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"The order has been already issued. It will take at least 15 days from today to transport, install and commission an oxygen plant. A dedicated team is working on this project. IFFCO will try to commission it as soon as possible for the service of the nation," the IFFCO spokesperson told reporters.

IFFCO is investing around Rs 30 crore on four oxygen plants, he added.

On Sunday late night, IFFCO Managing Director and CEO U S Awasthi had announced that the cooperative is going to establish an oxygen plant with a capacity of 200 cubic meters per hour in its Kalol unit in Gujarat.

"IFFCO will give free oxygen to hospital, each cylinder of 46.7 litres," he had said.

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The proposed oxygen plant in Kalol will generate medical grade oxygen and fill 700 big D-type cylinders daily and also 300 medium B-size cylinders on demand, which will be supplied to all hospitals for free, he had added.

Awasthi had also said that IFFCO will fill up the oxygen cylinders free of cost for hospitals, but they need to bring their cylinders for a refill. A security deposit will be taken if cylinders taken from IFFCO to avoid hoarding of oxygen.

Given the recent surge in COVID-19 cases, there is a huge demand for oxygen for effective clinical treatment of COVID-19 patients.

As a result, there are reports of a shortage of medical oxygen in some parts of the country, especially in Maharashtra and Delhi.

PTI

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