Administrative Sanction of Rs. 1571 Crores for Expansion of NIMS
Hyderabad, Nov 16: The State government headed by the Chief Minister K.Chandrasekhar Rao has accorded administrative sanction of Rs. 1,571 crore for the expansion of Nizam’s Institute of Medical Sciences (NIMS), Punjagutta.
According to the Secretary to Medical, Health and Family Welfare, S A M Rizvi, the NIMS management has also been allowed to raise financial resources from banks or any other financial institutions for meeting the cost of expansion project and also engage with SBI CAP (Capital Markets), which is the nodal agency for Telangana Superspecialty Hospital Corporation Limited (TSSHCL) for debt syndication for the project.
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