Oil and Natural Gas Corporation (ONGC) is planning to procure one lakh oxygen concentrators to aid India's fight against the world's worst outbreak of coronavirus pandemic. The company will use its understanding of the global supply chain and logistics to procure one lakh oxygen concentrators on behalf of the government of India. The government of India will bear the cost of procuring these concentrators.
Within a short period, ONGC placed orders for 34,673 oxygen concentrators on overseas vendors for immediate supply. Out of these, 2,900 are expected to be received by May 21, and the rest in staggered delivery from May to the end of June 2021.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.
Company Name | CMP |
---|---|
ONGC | 275.65 |
Oil India | 603.95 |
Jindal Drilling&Inds | 761.25 |
Hind Oil Exploration | 207.10 |
Deep Industries | 301.35 |
View more.. |