HSCC gets work orders worth Rs 1,322.48 crore from ESIC 
News Updates

HSCC gets work orders worth Rs 1,322.48 crore from ESIC

NBCC informed that its arm HSCC (India) Limited has bagged two contracts from ESIC with a combined value of Rs 1,322.48 crore

PSU Watch Bureau

New Delhi: State-owned NBCC (India) Limited's arm HSCC (India) Ltd has bagged Rs 1,322.48 crore worth of contracts from Employees State Insurance Corporation (ESIC) to construct a hospital at Manesar in Haryana and build additional 500 beds at Faridabad.

PSU Watch is now on Whatsapp Channels. Click here to join

In a regulatory filing on Tuesday, NBCC informed that HSCC (India) Limited, its wholly-owned subsidiary, has bagged two contracts from Employees State Insurance Corporation with a combined value of Rs 1,322.48 crore.

HSCC will construct additional 500 beds, with enhancement of bed strength from 650 to 1,150 beds, at ESIC Medical College and Hospital at Faridabad on a deposit mode basis. The value of the work is Rs 642.69 crore.

It will also construct a 500-bedded ESIC Hospital at Manesar (Gurugram), Haryana on a deposit mode basis. The value of work order is Rs 679.79 crore.

NBCC is into project management consultancy and real estate businesses.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

No immediate hike in petrol, diesel prices; adequate stock to meet any contingency: Sources

Stock markets rebound in early trade after two days of sharp fall

SJVN’s Nathpa Jhakri Hydro Power Station crosses 150 BU of power generation

SECI shifting focus to storage-backed RE, says MD

JNPA slashes stranded container count through coordinated efforts; sets up task force