Highlights Khan started procuring oxygen tankers from cities including Bellary, Rourkela and Bhilai at prices much higher than the market rate.
When offered compensation by the local administration, Khan refused to take any money.
Khan stated that it was his duty-bound zakat during the holy month of Ramzan to help the needy.
New Delhi: Pyare Khan, a transport business owner from Maharashtra’s Nagpur, spent Rs 85 lakh for supplying medical oxygen to hospitals.
Khan, who once used to sell oranges, has supplied 400 metric tonnes of oxygen in the city so far.
When offered compensation by the local administration, Khan refused to take any money. Khan stated that it was his duty-bound zakat during the holy month of Ramzan to help the needy.
Oxygen supplier asks Delhi for its distribution plan
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In an April 24 communication to the Delhi government’s health department, Inox has cited the national Oxygen supply plan drawn up by the Centre’s Empowered Group 2 and its own limited production capacity, for its inability to serve the remaining 28 hospitals.
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As Oxygen demand soars up manifold across Delhi hospitals, the Delhi government is faced with ironing out serious supply issues.
The latest challenge at hand has come from key oxygen supplier to North India- Inox- which has said it can only meet the O2 demand for 17 hospitals and not all 45 it has a contract with.
Investors mistakenly pump up NBFC stock trying to cash in on oxygen suppliers
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Stocks such as Linde India, Bhagwati Oxygen and National Oxygen have soared over the past two weeks.
Short supply of medical oxygen has sent investors running towards shares of companies that supply the scarce commodity.
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MUMBAI: As the nation wrestled to cope with the second wave of Covid-19 infections, short supply of medical oxygen has sent investors running towards shares of companies that supply the scarce commodity in hope of making stellar returns till the crisis lasts.
Stocks such as