Andhra Pradesh unveils new medical oxygen policy
Updated:
Updated:
May 19, 2021 08:34 IST
Aim is to increase capacity from 360 MTs to 700 MTs by setting up 50 PSA plants
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Entrepreneurs setting up new plants are offered up to 30% subsidy on capital expenditure and ₹2 per unit discount on power tariff.
Aim is to increase capacity from 360 MTs to 700 MTs by setting up 50 PSA plants
To meet the rising demand for medical oxygen due to COVID in the State, Chief Minister Y.S. Jagan Mohan Reddy on Tuesday unveiled the “AP Industrial Gases and Medical Oxygen Manufacturing Policy 2021-22”, aimed at increasing the current manufacturing capacity of 360 metric tonnes to 700 metric tonnes. The target is to set up at least 50 PSA oxygen generation plants.