InvestorQ : Is it true that Indian companies are chipping in to fill up the oxygen shortfall in hospitals?
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Is it true that Indian companies are chipping in to fill up the oxygen shortfall in hospitals?

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Deepa Salunkhe answered.
1 week ago
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In the last few days, the COVID crisis has worsened as a crisis of oxygen shortfall has gripped the nation. In the midst of the struggle, large Indian companies like JSW Steel, ITC, Reliance Industries, Adani Ports and the Tata Group are chipping in to supply oxygen. Meanwhile, the government has banned the use of oxygen for any use other than medical purposes.

JSW Steel is now supplying 900 TBD of liquid medical oxygen or LMO to hospitals. It will supply up to 20,000 tonnes of LMO in April through its plants in Maharashtra, Karnataka and TN. Steel plants produce oxygen of a slightly lower purity compared to LMO, but production can be tweaked quickly. It is not clear how long this emergency could last.

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