GUWAHATI, March 13 - A 300-bed multispecialty hospital, ONGC�s single-largest CSR initiative in the nation, will be set up in Sivasagar.
Aurangabad-based Dr Babasaheb Ambedkar Vaidyakiya Pratishthan (BAVP) will execute the Rs 313-crore project in a 50-acre plot at Rajabari. The hospital will be developed in three phases, the first phase of which will be completed in two years.
ONGC�s officiating CMD Shashi Shankar said the hospital will change the medical scenario in the region.
�It will be a flag bearer project of ONGC in the North East. The pricing will be 70 per cent lower than the market rate. Thirty- three per cent of the beds will be reserved for patients from the economically weaker section, who will also get 50 per cent discount,� the CMD said at a function held to mark the signing of the agreement with BAVP.
The hospital was initially conceptualised in 2008, but it could not be executed due to various reasons.
The secretary of the BAVP, Dr Anant Pandhare said the hospital will be a not-for-profit facility.
�Any revenue generated from the hospital will be invested in the hospital or other healthcare initiatives in the region,� he said.
He also underlined why Sivasagar was chosen for the project as the place has only 0.52 beds per 1,000 population as against the requirement of 3.2 beds.
The ONGC board has already accorded sanction for a fund of Rs 99.09 crore to implement the first phase of the project, in which a 100-bed hospital will be completed. July 2023 is the target date for completion of the entire project.
The land for the hospital was acquired in 2013 against an amount of Rs 3.75 crore.
ONGC is also constructing a 2-km approach road from the highway to the hospital site at a cost of Rs 1.88 crore.