NBCC inked pact with Ministry of Health and Family Welfare to acquire HSCC

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State-owned NBCC (formerly National Buildings Construction Corporation Limited) signed an agreement with the Ministry of Health and Family Welfare to acquire Hospital Services Consultancy Corporation (HSCC).

Ministry of Health and Family Welfare and NBCC (India) Ltd signed the share purchase agreement for the transfer of 100 % share holding of HSCC to NBCC. In September 2018, NBCC had announced that, it will buy the government’s stake in HSCC for Rs 285 crore.

Hospital Services Consultancy Corporation (HSCC) :

HSCC (India) Limited earlier known as Hospital Services Consultancy Corporation Limited is a “Mini Ratna” Government of India Enterprise under the Ministry of Health & Family Welfare, Government of India. HSCC is a multi-disciplinary consultancy and procurement management service organisation working in the healthcare and other social infrastructure development sectors. The company offers services in feasibility studies, design engineering, detailed tender documentation, construction, supervision, comprehensive project management, procurement support services in all areas of civil, mechanical, information technology and auxiliary medical service areas. HSCC has its registered office in Delhi and its corporate office in Noida, Uttar Pradesh.