Panta Jayaprabha Hospital PPP

6/5/2016
PPP, Project development

Re 6 billion

$ 93.6 million

Announced

6/5/2016


Overview:

  • The Panta Jayaprabha Hospital is a super-speciality hospital project of the health department that aims to be completed by the end of 2019.
  • The state government has provided a 33-year lease to Medanta Group for this construction project.
  • This is the first health PPP in Bihar and it set the trend for more hospital PPPs in the region. The region itself faces a significant lack of public health services and health infrastructure.  
  • The International Finance Corporation (IFC) was the advisor to the Government of Hihar. 

Wai Yee Tsang - Journalist Asia-Pacific

Jurisdiction:

India

Deal types:

PPP
Project development

Practice areas:

Project development
PPP/PFI

Industry sector:

Healthcare


Firm: