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IOC stands in support of Nation to supply oxygen to hospitals in Delhi, Haryana, Punjab

20 Apr 2021 Evaluate

Indian Oil Corporation (IOC) has begun the supply of 150 Metric Tonnes of Oxygen at no cost to various hospitals in Delhi, Haryana and Punjab. The first batch of the lifesaver medical grade Oxygen was dispatched to Maha Durga Charitable Trust Hospital, New Delhi. Delhi is already facing an oxygen emergency situation.

In the face of a massive surge in demand for medical oxygen during the second wave of the Covid-19 pandemic, IndianOil has diverted the high-purity oxygen used in its Mono Ethylene Glycol (MEG) Unit to produce medical-grade liquid oxygen at its Panipat Refinery & Petrochemical Complex. The throughput of the Unit has also been scaled down for a more critical cause.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1275.00
Indian Oil Corpn. 135.30
Bharat PetroleumCorp 303.00
HPCL 354.00
MRPL 181.35
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