Summary of Proposed Investment
Project Number
25969
Company Name
APOLLO HOSPITALS ENTERPRISE LIMITED
Date SPI Disclosed
May 12, 2009
Country
India
Industry
Health, Education and Life Sciences
Projected Board Date
Jun 15, 2009
Status
Completed
Sector
Hospitals and Clinics
Department
Regional Industry - MAS Asia & Pac
Environmental Category
B - Limited
Previous Events
Approved : Jun 17, 2009
Signed : Jun 18, 2009
Invested : Jan 6, 2010
Project Description
The proposed project by Apollo Hospital Enterprise Limited, the largest private integrated healthcare group in India, involves an investment of up to $200 million over the next several years to fund expansion and equipment purchases for Apollo’s existing hospitals and to develop the Apollo Reach network of hospitals.
Apollo Reach Hospitals have been especially designed for less developed population centers in the semi urban and rural areas of India and are smaller, simpler and offer exhaustive service offerings like Apollo’s existing facilities, deliver similar quality care costing less overall to the patient.
Sponsor / Cost / Location
Development Impact
Related ESRS/ERS
Contacts
For Inquiries About the Project, Contact
Suneeta Reddy, Executive Director - Finance
The Apollo Heart Centre, Group Corporate Office
#156, Greams Road, 4th Floor
Chennai 600 006, India
Telephone: +91 44 2829 2832
Fax: +91 44 2829 1407
For Inquiries and Comments About IFC, Contact
General IFC Inquiries
IFC Corporate Relations
2121 Pennsylvania Avenue, NW
Washington DC 20433
Telephone: 202-473-3800
Fax: 202-974-4384E Mail: Webmaster
Local Access of Project Documentation
AHEL will disclose this SPI at its website: http://www.apollohospitals.com, as well as locally at the following address:
Apollo Hospitals Enterprise Limited,
Ali Towers, Ground Floor, 55, Greams Road
Chennai – 600 006