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Coal India’s arms considering installing oxygen generation plants to tide over shortage crisis

28 Apr 2021 Evaluate

Coal India’s (CIL) three subsidiaries are considering installing oxygen generation plants to tide over the shortage of the life saving gas, as country is facing oxygen shortage. It is on high alert to guard its employees by ramping up the medical infrastructure and availability of oxygen cylinders across its subsidiaries to combat the rise of COVID-19. CIL's coal companies have also tied up with local hospitals and state governments funding and facilitating beds to step up Covid relief measures. Availability of beds in local peripheral areas is also being increased.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 413.95
NMDC 72.86
Ashapura Minechem 489.10
Sandur Manganese 181.35
GMDC 477.10
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