Purchases 25 acres to set up oxygen plant
As the country experiences an increasing need for oxygen to treat COVID-19 affected patients, the health authorities have conveyed to the Presidential Task Force that a greater need is likely to occur for oxygen.
The companies supplying oxygen to the market at present are able to meet the current daily requirements for 90 metric tonnes. However, in order to ensure no shortages, Litro Gas Lanka Ltd has been instructed by His Excellency The President Gotabaya Rajapaksa and Hon. Basil Rajapaksa, Head of the Presidential Task Force to set up an oxygen plant and provide a seamless supply of oxygen to meet the need.
Accordingly, a 25 acre land has been sourced from the Sri Lanka Land Development Corporation and the agreement for the purchase of the land signed on 02nd June 2021 between the officials of Litro Gas Lanka and Sri Lanka Land Development Corporation ; Litro Gas Lanka was represented by Chairman & CEO Mr. Anil Koswatte and other officials while Chairman of the Sri Lanka Land Development Corporation Major General M R W Soysa and the G.M Mrs. Srimathi Senadheera represented the Corporation.
Litro Gas Lanka has already made a deposit of Rs 500 million in keeping with the state evaluation of land value, as an advance payment towards the purchase of the land – the Company plans to set up a state of the art industrial complex to manufacture oxygen.
As stipulated by the Board of Directors of Litro Gas Lanka Ltd, a modern oxygen manufacturing plant and a distribution network would be set up on the 25 acre land in Kerawalapitiya, announced Litro Gas Lanka sources.
Litro Gas Lanka as Sri Lanka’s national LPG provider, plans to undertake this nationally critical venture under the aegis of the Presidential Task Force and will contribute towards providing the much needed support for the country’s COVID-19 affected hospital network.
The Company plays a pivotal role in the country’s energy sector with a 75% market share and a network of 42 distributors, over 14,000 points-of-sale, 1,500 home delivery hubs and a seamless supply of LPG throughout Sri Lanka. The Company maintains a strong market presence with their Litro Gas Home Delivery Mobile App and a dedicated 1311 customer care hotline.