
Deals3 Nov 2026, 02:36 pm
Krsnaa Diagnostics Secures 15-Year Delhi Govt CT/MRI Project
AI Summary
Krsnaa Diagnostics Ltd has received a Letter of Award from the Municipal Corporation of Delhi for a 15-year Public Private Partnership (PPP) project. The project involves financing, establishing, operating, and maintaining advanced CT Scan and MRI facilities at three public hospitals in Delhi. This is a cash collection PPP project, reinforcing the company's cash-based model and expanding its government PPP portfolio. The concession period is ten years, extendable by up to five years. The agreement is to be executed within 30 days of the Letter of Award, with commercial operations expected within 180 days of site handover.
Key Highlights
- Secured 15-year PPP project from Municipal Corporation of Delhi.
- Project includes CT Scan and MRI facilities at three Delhi hospitals.
- Reinforces company's cash-based PPP model and government portfolio.
- Concession period of 10 years, extendable by 5 years.
Price Impact
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