StockWatch
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Hospital
Business Update27 Jun 2026, 07:50 pm

Asarfi Hospital to Bid for Jharkhand Medical College Project

AI Summary

Asarfi Hospital Ltd's Board of Directors has approved participation in a Public-Private Partnership (PPP) project to operate and augment a 100-bedded District Hospital in Dhanbad, Jharkhand, into a Medical College. The college will have an annual intake capacity of at least 100 MBBS students. The company will furnish a refundable Bid Security of ₹3.52 Crores for this purpose. This approval is solely for the bidding process and does not guarantee project award.

Key Highlights

  • Board approved participation in Jharkhand's PPP Medical College project.
  • Project involves operating and augmenting a 100-bedded district hospital.
  • Annual MBBS student intake capacity targeted at 100.
  • Bid Security of ₹3.52 Crores to be furnished.
  • Approval is for bidding process only, not project award.