Vascon Engineers Wins Rs 260 Cr Contract to Build Super Specialty Hospital in Navi Mumbai

Vascon Engineers Ltd. has received a Letter of Acceptance from the Navi Mumbai Municipal Corporation (NMMC) for the construction of a Super Specialty Hospital at Plot No. 4, Sector 15A, CBD-Belapur. The project, valued at Rs 260.09 crore, includes the development of a modern healthcare facility equipped with advanced medical infrastructure and MEP systems.

The hospital project is scheduled to be completed within 36 months from the commencement of work and is expected to significantly strengthen tertiary healthcare services in Navi Mumbai.

Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers Ltd., said, “We are excited and honoured to partner with Navi Mumbai Municipal Corporation in building this Super Specialty Hospital, which will serve as a vital healthcare asset for the region. This project reflects our commitment to executing complex, high-impact institutional infrastructure that enhances public welfare. The EPC mode of execution allows us to leverage our integrated capabilities, from design and engineering to construction and commissioning, ensuring optimal quality and timely delivery. As we continue to expand our presence across India's EPC landscape, such marquee projects reinforce stakeholder confidence in Vascon's execution capabilities and our vision to be a preferred partner for transformative infrastructure development. We are targeting 20% annual growth in EPC revenue and aim to secure about INR 1,500 crores of new EPC orders during FY '26, which will further strengthen our order book and enhance business visibility.”