After Reliance Industries Ltd NSE 0.39 %, state-owned Indian Oil Corporation NSE 0.62 % (IOC) and Bharat Petroleum Corporation Ltd (BPCL NSE 1.02 %) have begun diverting oxygen produced at their refineries to supplement the availability of medical oxygen in states worst hit by COVID-19. In a statement, IOC said it has “begun the supply of 150 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 today to Maha Durga Charitable Trust Hospital, New Delhi,” it said. “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 pandemic,