The country is currently battling the second wave of Corona virus. Due to this, the demand for Oxygen has increased a lot and its shortage has also started. At the same time, the fertilizer company Indian Farmers Fertilizer Cooperative Limited ie IFFCO on Thursday said that its fourth oxygen plant being set up in Paradip (Odisha) will be operational by June 15. From there, free oxygen can be supplied to hospitals in the state and its surrounding areas. IFFCO is setting up four oxygen plants at a cost of Rs 30 crore
IFFCO is setting up four oxygen plants at a cost of about Rs 30 crore. These four plants will produce around 610 cubic meters of oxygen per hour. Two plants in Uttar Pradesh and one plant in Gujarat will start by May 30. read this also- SEBI gives big relief to companies amid Corona epidemic! 45-day exemption to declare fourth quarter results
IFFCO said in a statement, it has ordered a fourth oxygen plant to be set up in Paradip, Odisha. This new oxygen plant will have a capacity of 150 cubic meters per hour. IFFCO Managing Director and CEO US Awasthi separately tweeted, “This plant will start by June 15”.
To prevent the hoarding of oxygen, a security amount will be charged for the cylinders to be taken from IFFCO.