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Coal India to invest Rs 35 crore to install 25 oxygen generation plants

18 May 2021 Evaluate

Coal India (CIL) is planning to invest Rs 35 crore to install 25 oxygen generation plants, across 22 hospitals, in a bid to augment the supply of the life-saving gas amid a surge in COVID-19 infections. These O2 generation plants will be set up in Coal India's own hospitals and in district hospitals where four of its subsidiaries operate to support 3,328 beds. Of the 25 plants, five are being installed at CIL’s own hospitals at an investment of Rs 4.25 crore covering 332 beds. 

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 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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