RG Stone Urological Research Institute, India

RG Stone Urological Research Institute (RG) announced that it plans to establish twenty new hospitals. RG has entered into a joint venture with ICICI Venture for the same. The project will be funded by ICIC Venture, which will invest US$ 10 million in the institute.

The first phase of the project includes a super specialty hospital with state-of-art-technology in Goa and four speciality centres in tie up with leading hospitals, like S K Soni Hospital, Jaipur, Kamyani Hospital, Agra, Saguna Hospital, Bangalore and Ivy Hospital, Mohali. The projects are expected to complete by the end of December 07.

The centres will be equipped with Siemens Lithotripsy with ultrasound & X-Ray attachment for localisation and treatment of kidney stone removal, 100 watt Holmium Laser for treating enlarged prostate and urinary stone, Nephroscope and Uretroscope from Karl Storz and Richard Wolf, Germany for complete endourology.

All the modern facilities and equipment from Karl Storz and Richard Wolf will be used in performing advanced laparoscopic surgeries. Almondz Global Securities Ltd, Delhi was the financial advisor to RG Stone for the transaction.

 

Specifications Table:

  • Name
  • RG Stone Urological Research Institute's twenty hospitals
  • Location
  • India
  • Construction Type
  • New Project
  • Project Starting Year
  • 2007
  • Year of Completion
  • 2008
  • Estimated Cost
  • US$ 10 million
  • Key players
  • RG Stone Urological Research Institute, S K Soni Hospital, Kamyani Hospital, Saguna Hospital and Ivy Hospital, Karl Storz, Richard Wolf, and Almondz Global Securities Ltd.