Krsnaa Diagnostics Wins Rs 450 Cr Tender Under National Health Mission
Krsnaa Diagnostics on Monday said that it has emerged as the lowest bidder for a tender put up by National Health Mission, Rajasthan and the diagnostic company bagged the tender for providing laboratory services in the entire state of Rajasthan under the mission
The company said that as per the terms of the tender it will provide laboratory services by installing and operating under the free diagnostics initiative on the Hub and Spoke model. The company also said that it is in the process of entering into a contract with the concerned authority on this behalf.
The company plans to complete the project in three phases, phase one is establishing the mother lab which the company plans to complete within 90 days from date of award communication of acceptance of the contract, in which 50 per cent of the project will be completed in 60 days while the other 50 per cent will be completed in 90 days.
Whereas phase 2 will be for building the entire Hub lab, for this the company will take 30 days counted from the end of phase 1, and after phase 2 completion the company will start its work on phase 3 which is building the Spokes.
As per the company's website, Krsnaa Diagnostics operates more than 1,000 radiology centres and over 500 pathology centres in India with over 1,000 employees.
The company's stock was trading 0.36 per cent higher on Monday at Rs 400 per scrip as of 14:46 IST.
