BEML, a premier sector company under the Ministry of Defence has successfully started manufacturing 960 LPM Medical Oxygen Plants at its KGF complex in record time under a ToT agreement with Defence Bio-Engineering & Electro Medical Laboratory (DEBEL), Bengaluru under DRDO.
The first set of Medical Oxygen Plant has been rolled out and is being delivered to Koppal Institute of Medical Sciences, Koppal.
BEML has received orders for 100 nos. from DEBEL in May 21, under 'PM Cares' fund and the same is expected to be supplied by end July 2021.
In co-ordination with District Level Medical Authorities, BEML is also establishing a 960 LPM Capacity Medical Oxygen Plant in one of the designated hospitals in Karnataka, under CSR.
The Company contributed Rs. 50 lakhs to DRDO towards opening of a 500 bedded Hospital for Covid Patients.
To provide immediate medical attention, the Company has set up COVID Care Centers at its KGF and Bangalore Complexes. Fever Clinic also been established for examining the suspected COVID cases at KGF Complex.
Shares of the company gained Rs 42.8, or 3.28%, to settle at Rs 1,347.45. The total volume of shares traded was 116,576 at the BSE (Friday).