Quality Care India to Invest ₹600 Cr in Nagpur PPP Hospital

Quality Care India to Invest ₹600 Cr in Nagpur PPP Hospital
Quality Care India to Invest ₹600 Cr in Nagpur PPP Hospital
Published on
1 min read

Quality Care India Limited (QCIL) has announced plans to invest ₹600 crore in setting up a 350+ bed multi-speciality hospital in Nagpur through a public-private partnership (PPP) with Maharashtra Metro Rail Corporation Limited (Maha-Metro). The project marks a strategic expansion into Central India and aligns with the broader consolidation trend in the country’s hospital sector.

Strategic PPP Expansion in Nagpur

The proposed hospital will be developed on Maha-Metro land near Kasturchand Park Metro Station, enhancing accessibility for patients across Nagpur and the wider Vidarbha region. The facility is expected to be completed within three years and will generate over 1,500 direct and indirect jobs.

Under the agreement, QCIL will invest approximately ₹600 crore in building a state-of-the-art healthcare facility, while Maha-Metro is set to receive financial returns through an upfront premium, long-term lease payments spanning 60 years, and reimbursement for infrastructure costs. The total net present value of returns to Maha-Metro is estimated at over ₹1,850 crore, underscoring the financial viability of the PPP model.

Also Read

Quality Care India to Invest ₹600 Cr in Nagpur PPP Hospital
Paras Health Gurugram Saves 48-Year-Old with Rare Submitral Left Ventricular Aneurysm

Related Stories

No stories found.
Voice Of HealthCare
vohnetwork.com