The company has signed an agreement with Medica to set up two super-speciality hospitals in Kalinganagar and Gopalpur in Odisha, Tata Steel Managing Director, T V Narendran said while inaugurating a modernised and upgraded 150-bed Kantilal Gandhi Memorial Hospital here today.
Medica Chairman, Dr Alok Roy told newsmen that as per the tie-up, Medica would manage both the proposed hospitals of Tata Steel at Kalinganagar and Gopalpur.
Each hospital would have a capacity of 500 beds and Rs 300 crores would be invested, he said.
The hospital in Kalinganagar, where the foundation stone has been laid will be completed in one and half year.
Supported by Tata Steel, KGMH, being managed by a trust,has signed a MOU with Medica, which has upgraded and modernised the hospital and would managed it.