Monday, April 19, 2021

Medical oxygen requirement increased 7 times; met 60% demand: Inox Air

 According to industry figures, the pre-Covid demand for liquid medical oxygen before the pandemic was 700 tonne per day across the country


The demand for medical oxygen has jumped manifold amid the second wave of Covid, according to industry players who said it much sought-after since the start of the pandemic last year.

According to industry figures, the pre-Covid demand for liquid medical oxygen (LMO) before the pandemic was 700 tonne per day (TPD) across the country. During the first wave of Covid-19 last year, the demand for LMO increased four times to 2,800 TPD. Further, with the second wave, the demand has gone up more than seven times the pre-Covid levels -- 5,000 TPD.

“While we hope that the spike in cases is arrested, the success of oxygen therapy in Covid treatment means that there will be sustained demand for liquid medical oxygen in the months to come,” said Siddharth Jain, director, INOX Air Products. His company is meeting more than 60 percent of the total medical oxygen demand in the country.

The supply of medical oxygen is currently being allocated centrally and monitored by the empowered group, EG II, headed by the secretary in the department for the promotion of industry and internal trade, mandated by the Union government. This explains the pressure from states on the Union government since quotas are allotted by the central committee. The Delhi government had on Sunday alleged the Centre was diverting from its quota to other states.

The EG II has members nominated from all the states, along with all major oxygen manufactures, All India Industrial Gases Manufacturers’ Association (AIIGMA), Petroleum and Explosives Safety Organisation (PESO), the Ministry of Road Transport, and the Indian Railways. While medical oxygen is not a controlled commodity, the prices are controlled by the National Pharma Pricing Authority. “In normal times, India had an excess supply of medical oxygen, so there was no restriction on interstate movement earlier. We believe that once the pandemic subsides, there will be no restriction on the movement of LMO,” said Jain.

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