Vascon Engineers has won a major infrastructure contract from the Navi Mumbai Municipal Corporation (NMMC) for the construction of a super specialty hospital at CBD-Belapur, Navi Mumbai. The project, valued at ₹260.09 crore including GST, is scheduled for completion within a period of 36 months.
The proposed hospital will be developed with modern medical infrastructure and advanced mechanical, electrical, and plumbing (MEP) systems to support high-quality and efficient healthcare services. Once completed, the facility is expected to significantly strengthen public healthcare capacity in Navi Mumbai and surrounding regions.
This latest order adds further momentum to Vascon Engineers’ growing order book, which now stands at approximately ₹2,800 crore. The strong pipeline offers nearly 2.8 times coverage of the company’s FY25 EPC revenues, underlining healthy business visibility in the coming years.
Vascon Engineers currently has the capability to execute close to eight million square feet of construction annually and is operating at around 90 percent capacity utilisation. Supported by a skilled workforce of more than 800 project and engineering professionals, the company is well equipped to deliver large-scale infrastructure and EPC projects.
The hospital project reinforces Vascon’s position as a key player in India’s urban infrastructure and healthcare construction segment.
