In addition, the number of cases has increased significantly in recent days, so the shortage could be at least 3,500 tons per day – and increasing. Even with an additional 50,000 tonnes that the government wants to import, oxygen supplies will inevitably not be sufficient. The smallest amount of land needed to operate this business could be as little as 1000 square feet, and the largest amount of property needed could be up to 2 acres. It fluctuates depending on how much money you invest in the oxygen system. 4. The number of stored medical oxygen cylinders should be limited to the minimum necessary to ensure a sufficient supply to meet patients` needs. To date, the World Bank Group has committed more than $3 billion to support India`s efforts to respond to the COVID-19 pandemic. In this context, the Bank`s national and government projects are working with India to address critical gaps in its oxygen supply systems. Setting up an oxygen plant that can supply 24 gas cylinders per day costs about 35 lakes. The preparation of such a plant can be completed in just a few weeks. A 240-bed hospital needs about 550 LPMs of oxygen. Every month, a hospital with about 40 intensive care beds needs about 5 lakhs of oxygen.
Also, when transporting oxygen cylinders, you need to make sure that your truck is in good working order to avoid collision of the oxygen cylinders. At the beginning of the pandemic, the Indian government had tendered for 162 PSA plants – facilities equipped with machines capable of condensing oxygen from the air – for public hospitals, but it took eight months to award the contract, and so far only 33 of them have been installed in 15 states (and not all of them are operational). leaving most facilities dependent on external supplies. In recent months, India has developed a medium-term strategy to achieve oxygen self-sufficiency, and national and state governments have made significant progress. As the increase in COVID-19 cases during the second wave exceeds the previous peak, the proportion of severe hospitalized cases has also increased significantly compared to the situation in early August, when cases increased rapidly. The Centre called on States to make rational use of medical oxygen and to ensure that there is no waste of oxygen. In addition, the center asked states to set up control rooms to ensure smooth oxygenation of districts as needed and to review requirements for cylinders and tanker trucks. Investing is one of the most critical, if not the most important, aspects of a business. If someone wants to build an oxygen plant, they need at least 35 to 50 lakh to deliver up to 24 bottles a day. To build the plant, you need a suitable location. Since this is not a small business, a large amount of money is needed immediately. A minimum investment of 35-50 lakh is required.
Hospitals struggling with a Covid-19 outbreak across the country have exhausted their supplies of oxygen cylinders needed to help patients cope with the lack of oxygen caused by the virus. The Delhi Supreme Court has ordered the Indian government to procure oxygen by all possible means, although most supply routes, including imports from other countries, are too slow for the current emergency. As oxygen cylinders will remain an important form of supply, digitization and tracking of these cylinders will be important. Some States are considering doing so. In Uttarakhand, for example, 30,000 radio frequency identification (RFID) tags to be attached to oxygen cylinders were distributed to medical oxygen suppliers and hospitals. Medical oxygen gas is a high-purity oxygen used for clinical treatments and produced for use in the human body. Gaseous medical oxygen cylinders contain high-purity gaseous oxygen; No different type of gas is allowed in the cylinder to prevent infection. According to official government sources, the country produces more than 7,000 tons of oxygen per day, while the country needs 8,000 tons per day, according to the latest estimate submitted by a government official to the Delhi Supreme Court. Before the Covid-19 outbreak, demand was around 700 tonnes per day.
Now, some states offer incentives to private companies to build oxygen plants. As part of its new oxygen production policy in 2021, the Bihar state government is providing a 30% capital grant for the construction of factories and machinery.