Canbank Venture Capital Fund , Bangalore, a wholly-owned subsidiary of Canara Bank, is investing Rs 20 crore in the GNRC hospital group.
The investment is being raised as venture finance from Emerging India Growth Fund and it will be used to part-finance the setting up of a 1,000-bed super-speciality hospital at Amingaon in north Guwahati.
“The funds will be used to part-finance our upcoming project in the first phase. The project cost, which includes modernisation and expansion in subsequent phases, is currently estimated to be nearly Rs 92 crore. In the first phase, a 300-bed facility is being planned. We plan to increase the capacity to 500 beds in the second phase and to 1,000 in the long run,” an official source said.
The hospital is coming up on an 80-bigha plot in the Amingaon-Gauripur area.
“At present, we only have an outpatients’ clinic on the premises, which started functioning in October last year. The construction of the clinic began in May last year. Around 10 doctors from various departments treat 40-50 patients everyday at the clinic. An inpatient department will be set up in the next two-three months,” he said. “As of now, we have not set any completion date for the project.”
The medical facility at north Guwahati will cater to patients residing in the northern part of the city and those from Darrang, Goalpara, Barpeta, Nalbari and rural Kamrup as well.
“The very objective of this hospital is to maintain quality (in healthcare services) and bring down cost with a subsequent increase in footfall,” GNRC Hospitals Chairman and MD, Nomal Chandra Borah said. The hospital is expected to have technologies such as PET scan, MRI, cath lab and CT scan, among others.
“We are designing the facility as a green building and all steps have been taken to make it environment friendly. It has also been designed so that it consumes minimum energy for its operations. There is no dormitory. Each patient will be provided with a small cubicle, along with a cot for an attendant. That is in addition to the private wards. Locally available material such as bamboo will be extensively used for heat insulation, sound-proofing and adding aesthetics to the architecture,” Borah said.
EH News Bureau
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