Krsnaa Diagnostics Signs Punjab PET-CT Facility Concession Agreement
Krsnaa Diagnostics Ltd has executed a Concession Agreement with the Department of Health & Family Welfare, Government of Punjab, for the development, operation, and maintenance of PET-CT Diagnostic Facilities at four government hospitals in Punjab. This Public Private Partnership (PPP) project, structured under the Design, Build, Finance, Operate, Maintain and Transfer (DBFOT) model for a 15-year concession period, marks the company's entry into the PET-CT segment. The company aims to leverage growing demand and its expertise in government healthcare partnerships, expecting long-term cash revenue visibility and diversification of its revenue base. This initiative strengthens Krsnaa's portfolio of government PPP partnerships across India.
Key Highlights
- Secured 15-year concession agreement for PET-CT facilities in Punjab.
- Marks entry into the specialized PET-CT diagnostic services segment.
- Project operates under a Public Private Partnership (PPP) model.
- Expected to provide long-term cash revenue visibility.
- Diversifies revenue streams and strengthens government PPP portfolio.
Price Impact
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